
According to the report published by Allied Market Research, the global dancewear market was estimated at $1.1 billion in 2020 and is expected to hit $1.7 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends. Increase in use of dancewear by consumers in schools, universities, and public institutions and rise in sales of dancewear in specialty stores drive the global dancewear market. Moreover, emerging economies such as India and China have witnessed significant adoption of dancewear, owing to increased awareness about the benefits of dancing, which has supplemented the market growth even more.