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Global Art Market Outlook 2021
- Analyst: Lindsay Dewar
- Pages: 28
- Access: Analyst
Global auction sales for Sotheby’s, Christie’s and Phillips saw a 26% decline in 2019, with all but one of the 11 regional Modern and Contemporary art markets covered in this new Outlook report recording a decline in auction sales last year. Find out where experts believe the global art market might be heading in the coming 12 months.
About this report:
This is the 12th edition of ArtTactic’s annual Global Art Market Outlook. The report looks at international auction trends for modern and contemporary art between 2010 – 2020. It also includes predictions and forecasts for where the global art market might be heading in the next 12 months.
We are also pleased to have included a new section in this year’s report, drawing on ArtTactic’s NextGen initiative launched last year. We have invited NextGen contributors to provide their views on what might be in store for 2021 and what themes they think will emerge. The importance of the next generation should not be underestimated, and the art market is on the cusp of a generational shift, where young people are likely to change the art market forever in the coming decade.
Who is it for?
This report is popular among collectors, art advisors, auction houses and financial investors, who want an insight into how experts view the global auction market in 2021, compared to 2020 sales performance.
Outlook 2021: Expert Survey Findings on the global contemporary art market outlook for the next 12 months.
Auction sales trends in 2020 Auction sales trends in 2019 analysed by auction house and major art market sectors.
Regional Art Markets: Review and Outlook sections for the following regional art markets:
Japan & South Korea