Yoga Studios – Industry Analysis, Statistics, Trends, and Forecasts

SIC 7999 | NAICS 611699

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Pilates & Yoga Studios (view report)
Fitness Centers (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Cruz Bay Publishing, Inc.
Yoga Journal
https://www.yogajournal.com/ / how-to-open-a-studio

Business section of this monthly trade magazine includes a series on how to open a studio, covering topics such as developing a business plan, trademarking the name, selecting a location, entering into a lease agreement, and negotiating employment contracts, and includes additional articles that cover other aspects of successfully managing and operating a studio. All articles can be viewed free online.

North American Studio Alliance
Resources available from this organization include:

NAMASTA Newsletter
https://www.namasta.com/
Free e-newsletter offers teachers, studio owners, and other mind-body professionals ideas, insights, and information on running their business, with topics covered in the newsletter including advertising and promoting the practice, getting new clients and keeping current clients, increasing revenues and controlling operating costs, developing new offerings, and managing administrative issues and risks.

Press & Resources
https://www.namasta.com/
Press and resources section of this site includes an extensive selection of press releases, statistics, and other articles, resources, and references from a wide range of sources, with a primary focus on news and information for teachers, studio owners, and other practitioners of Pilates, yoga, massage therapy, Tai chi, Qigong, and bodywork techniques. All items in this section are available free online.

Yoga Alliance | Ipsos Public Affairs
Yoga In America Study
https://www.yogaalliance.org/

Comprehensive national study provides detailed information on the practice of yoga in the U.S. from the perspective of practitioners, teachers, and studio owners, with information provided in the studio section including number of classes offered and students attending, teacher staffing and recruitment, other income sources, operating costs, and marketing methods used. Report is available free online.

Sports & Fitness Industry Association
Yoga Participation Report
http://www.sfia.org/ / sample-report Search store for "yoga" to see current and prior reports

Annual single sports participation report provides information on participation trends over the last five years and includes a detailed analysis of frequency of participation for most recent year broken down by gender, age, household income, level of education, and geographic region, as well as an analysis of cross participation in other physical activities. Sample sports participation report is available online.

AMR Research
Pilates & Yoga Studios Market
https://www.alliedmarketresearch.com/

Comprehensive market research report provides a detailed analysis of this market sector on a global and regional basis, with information provided in the study including key market trends, growth factors and opportunities, and market size and forecast by type of activity (e.g., classes, merchandise sales, and accreditation training) and geographic market (e.g., North America, United States, and Canada).

BizMiner Market Analysis Reports
Yoga Schools and Instruction
https://www.bizminer.com Search for "611699.38" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports»

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Yoga Schools and Instruction
https://www.bizminer.com Search for "611699.38" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial ratio analysis can be viewed free online.

IBISWorld Industry Research Reports
Industry Financial Ratios
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.

More financial benchmarking data»

Compensation and Salary Surveys

PayScale, Inc.
Yoga Instruction
https://www.payscale.com/
Free online service provides median salary, bonus, and hourly wage data for various job positions in this sector such as general/operations manager, studio manager, instructor, teacher, office manager, administrative assistant, and front desk receptionist, with employers for which salary or wage data is provided including CorePower Yoga, LLC, YogaWorks, Inc., and Bikram's Yoga College of India, L.P.

IDEA Health & Fitness Association
Yoga Instructor Salary
https://pro.ideafit.com/

Fitness salaries section provides compensation information by job type and geographic location, with information provided for instructors including employment status (e.g., employee, independent, both), compensation method (e.g., salary, per hour, per class/session, per participant), and average hourly rate and salary on a national, state, and city (e.g., New York, Chicago, Houston, Phoenix, L.A.) basis.

More compensation surveys»

BV Guides and Databases

BVMarketData

Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Code 7999 - Yoga Instruction

– NAICS Code 611699 - Yoga Instruction, Camps, and Schools

Types of establishments included in these codes

Yoga instruction services - establishments that offer instruction in techniques and principles to individuals or groups. These establishments may offer classes in a variety of styles, including Hatha, Vinyasa, Ashtanga, Bikram, and more.

Yoga camps - establishments that provide residential facilities for individuals or groups to engage in intensive training and practice. These camps may offer a variety of related activities, such as meditation, workshops, and lectures.

Yoga schools - establishments that offer comprehensive training for individuals seeking certification as yoga teachers. These schools may offer courses in a variety of styles and principles, as well as anatomy, physiology, and other related topics.

Yoga studios - establishments that provide space and equipment for individuals or groups to engage in yoga practice. These studios may offer a variety of classes in different styles and levels, as well as workshops and special events.

In-home yoga classes - establishments that offer instruction in the client's own home or other private setting. These classes may be one-on-one or in small groups, and are often tailored to the client's specific needs and goals.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data»

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Personal Trainers and Fitness Instructors
Spa Resorts and Day Spas

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