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Massage Schools in the US - Market Research Report (2014-2029)

Demetrios Berdousis Demetrios Berdousis New York, United States Last Updated: May 2024 NAICS OD6340 Spotlight Report

Revenue

$1.7bn

2024

$1.7bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

6,977

Businesses

690

Wages

$XXX.Xm

Massage Schools in the US industry analysis

Over the five years to 2024, industry revenue has slumped due to falling industry demand and adverse effects largely contributable to the pandemic. Amid the pandemic, the industry was disrupted by reduced enrollment, school closures and stay-at-home measures. Enrollment fell throughout 2020 due to a combination of overall economic uncertainty and uncertainty regarding the massage schools industry, resulting in a decline in industry revenue in 2020. In addition, the industry has also experienced relatively consistent declines over the past five years, such as industry establishments and employment. Industry establishments have declined due to the challenges massage schools have faced in attracting new students and employment has fallen as operators struggle to find qualified teachers. Over the past five years, revenue has declined at a CAGR of 1.5% to $1.7 billion, including an expected 1.7% increase in 2024. Industry profit is expected to slump to 10.4% of revenue in 2024 from 14.0% in 2019.

Trends and Insights

  • The industry has experienced consistent declines over the past five years. Industry establishments have declined every year during the current period as massage schools face challenges in attracting new students.
  • Certificates comprise the largest product segment and account for over one-half of industry revenue. Certificates are typically quicker to attain than degrees and teach students the skills and knowledge to become licensed.
  • Massage schools primarily compete with one another based on price and the range of programs offered. To soften the competition, some schools focus on improving their reputation.

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  • Reliable market estimates from 2014-2029
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
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Access hundreds of analysis and data

  • Market estimates from 2014-2029
  • Critical performance data and rankings
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated $1.7bn in 2024.

Trends and Insights

Massage schools provide various programs and techniques

  • Operators in the Massage Schools industry provide instruction on massage therapy and issue massage therapy licenses. These schools offer a variety of programs depending on the level of training desired.
  • Additional trends and insights available with purchase
Massage Schools in the US
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Rebounding demand will support industry revenue growth

  • As the economy recovers from the pandemic, the Massage Schools industry is expected to experience a rebound in demand over the five years to 2029, reversing the trend from the previous period.

Biggest companies in the Massage Schools in the US

There are no companies that hold a large enough market share in the Massage Schools in the US industry for IBISWorld to include in this product.

Products & Services Segmentation

Massage Schools in the US
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Certificate programs, Degree programs and Other. Certificate programs is the largest segment of the Massage Schools in the US.

Trends and Insights

Certificates are more popular than degrees due to the less time required to attain a certificate

  • Certificates comprise the largest product segment and are expected to account for over one-half of industry revenue in 2024.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Operators in this industry provide instruction on massage therapy and issue massage therapy licenses.

What's included in this industry?

Providing massage instructionIssuing massage therapist certificationsIssuing massage therapist degrees

Companies

Purchase this report to view all major companies in this industry.

Related Terms

CAREER AND TECHNICAL EDUCATION (CTE)SWEDISH MASSAGETHAI MASSAGETRIGGER POINT THERAPY

Industry Code

NAICS 2017

NAICS 611310 - Massage Schools in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The industry has experienced consistent declines over the past five years. Industry establishments have declined every year during the current period as massage schools face ...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Factors that influence volatility in the industry
  • Key success factors for businesses to overcome volatility

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Certificates comprise the largest product segment and account for over one-half of industry revenue. Certificates are typically quicker to attain than degrees and teach stude...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Purchase this report to unlock analyst insights.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each state in 2024
  • Number and share of revenue each state accounts for in 2024
  • Number and share of wages each state accounts for in 2024
  • Number and share of employees in each state in 2024

Detailed analysis

  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Massage schools primarily compete with one another based on price and the range of programs offered. To soften the competition, some schools focus on improving their reputati...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Operators were not able to operate in person due to the pandemic because of lockdown measures. Due to the hands-on nature of massages, the social-distancing regulations decre...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Industry profit has slumped over the past five years. Declining revenue and high wages as a share of revenue have contributed to downward pressure on profit.

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Industry Multiples (2017-2022)
  • Industry Tax Structure (2017-2022)
  • Income Statement (2017-2022)
  • Balance Sheet (2017-2022)
  • Liquidity Ratios (2017-2022)
  • Coverage Ratios (2017-2022)
  • Leverage Ratios  (2017-2022)
  • Operating Ratios (2017-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Massage Schools in the US industry in United States in 2024?

The market size of the Massage Schools in the US industry in United States is $1.7bn in 2024.

How many businesses are there in the Massage Schools in the US industry in 2024?

There are 690 businesses in the Massage Schools in the US industry in United States, which has declined at a CAGR of 2.4 % between 2019 and 2024.

Has the Massage Schools in the US industry in United States grown or declined over the past 5 years?

The market size of the Massage Schools in the US industry in United States has been declining at a CAGR of 1.5 % between 2019 and 2024.

What is the forecast growth of the Massage Schools in the US industry in United States over the next 5 years?

Over the next five years, the Massage Schools in the US industry in United States is expected to grow.

What does the Massage Schools in the US in United States include?

Providing massage instruction and Issuing massage therapist certifications are part of the Massage Schools in the US industry.

How competitive is the Massage Schools in the US industry in United States?

The level of competition is low and decreasing in the Massage Schools in the US industry in United States.

Related Industries

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Competitors

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Complementors

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International industries

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Methodology

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Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the US include: 

  • US Census Bureau
  • US Bureau of Labor Statistics
  • US International Trade Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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