Global Art and Sculpture Market Growth 2023-2029

Global Art and Sculpture Market Growth 2023-2029

Art and sculpture market is transforming from traditional collectibles mind-set to an investment mind-set, and several companies have started mutual funds for art and sculptures. These mutual fund companies invest their customer’s money for around four years and invest in buying profitable art works. These artworks are then sold to obtain substantial ROIs.

LPI (LP Information)' newest research report, the “Art and Sculpture Industry Forecast” looks at past sales and reviews total world Art and Sculpture sales in 2022, providing a comprehensive analysis by region and market sector of projected Art and Sculpture sales for 2023 through 2029. With Art and Sculpture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Art and Sculpture industry.

This Insight Report provides a comprehensive analysis of the global Art and Sculpture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Art and Sculpture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Art and Sculpture market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Art and Sculpture and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Art and Sculpture.

The global Art and Sculpture market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

One of the major drivers for the market is the United States have the world’s prestigious auction houses and dealer’s circles. This helps attracting different customers to go for investment in art and on the other hand give assurance to the people for the safe investments with less probability for frauds.

This report presents a comprehensive overview, market shares, and growth opportunities of Art and Sculpture market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Artifacts
Sculptures

Segmentation by application
Private Collectors
Museums
Real Estate Developers
Interior Designers
Residential Individual Buyers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sotheby's
Christie's
Bonham
Phillips Auctioneers
China Guardian Auctions
Frith sculpture
Sculptured arts studio
WorldArtCommunity
Pundole's
Bid & Hammer

Key Questions Addressed in this Report

What is the 10-year outlook for the global Art and Sculpture market?

What factors are driving Art and Sculpture market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Art and Sculpture market opportunities vary by end market size?

How does Art and Sculpture break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.