Yoga is an ancient Indian practice encompassing physical, mental, and spiritual wellness and has become one of the hottest trends in the fitness and wellness industry. The overall wellness market in India is estimated at INR 490 billion. Over the next three years, the Indian wellness industry is estimated to grow at a CAGR of 20% to reach INR 875 billion.
The Yoga industry has found a strong footing in the wellness industry. Yoga and associated terms have made it to the top of web search results. Over the years, the number of practitioners has increased and the trend continues, making a conscious shift towards Yoga, meditation and personal well-being.
According to a study conducted, over half of the 200 million Yoga practitioners are of Indian origin. India, the birthplace of this ancient practice has resurfaced for the global market. The demand for yoga instructors, private lessons and yoga therapy has risen in the last two years, indicative of a healthy forecast for the industry in years to come.
The increase of interest in yoga has largely been fueled by the healthcare industry. Yoga has increasingly been used as therapy, for both physical and mental ailments. We gather from research and self-reports that the benefits that Yoga seems to elicit are unmatched by any other wellness practice
To increase YOGJEEVAN footprint and benefit more and more people by yoga, we intend to collaborate with likeminded individuals, business houses and investors.
You will appreciate that this multi-billion-dollar industry is growing and making strides in its own accord. Its capacity to support and enhance the remedy of a varied spectrum of illnesses along with preventive capabilities makes it the poster of the Wellness Industry. The investment for starting a yoga studio is minimal, making it a thriving and lucrative business idea.
You can follow below mentioned steps to start your own yoga studio.
We will provide all support in setting up the YOGJEEVAN STUDIO to you which will include following:
Marketing is a significant part of any business and if done correctly allows a business to not only create awareness for the business but also generate revenue that will grow and sustain it. Place ads about your yoga studio in newspapers and magazines as well as on radio and television stations. The close-knit yoga community near your studio is a wonderful place to implement simple word-of-mouth marketing, as well as utilizing this to build your team. Use social media platforms such as Facebook, Twitter, Instagram, Google Plus and Snapchat to market your yoga studio.
This will depend on investment you are open to make.
Will share the details to the interested entrepreneur / investor on request.