Almost every business sector including the massage business industry felt the heat of the COVID-19 pandemic that heightened in 2020.
As such, it’s sensible to evaluate whether a massage therapy business is still worth post-pandemic – focusing on earnings, growth, and client base.
Let’s first examine the facts, statistics, and projections about the massage therapy occupational outlook handbook by the U.S. Bureau of Labor and Statistics.
“Data is the sword of the 21st century, those who wield it well, the Samurai.” – Jonathan Rosenberg
The 2020 median pay for massage therapists in the United States was $43,620 at $20.97 per hour.
The massage therapy business is projected to grow at an annual rate of 32% - much faster than the overall average industry growth.
The 32% growth rate implies an annual projection of about 23,300 openings for the new massage therapist workforce through the 2020 to 2030 decade.
How stable is the client base for massage therapists? Massage therapy market
The market for massage therapists is still hot and growing. Massage therapists work in spas, fitness centres, hotels, physicians’ offices, franchised clinics, and travel to serve clients at their offices and homes.
Takeaway: The massage therapist business has a brighter future, good earnings, and a stable client base. If you’re interested in the massage therapy business it’s time to act.