South Korean Art Market Report – April 2009

No. Pages21
ResearchersAnders Petterson
Report TypeMarket Report

South Korean art maintains its international status as its galleries spread abroad.  

ArtTactic’s Art Market Reports profile key geographical areas of the art ecosystem,

Most noteworthy, ArtTactic provides an overarching survey of the unique characteristics of each specific market. South Korean artists continue to have a strong presence in international fairs, exhibitions and biennials – their influence is increasing in global markets. Furthermore, a number of key Korean galleries are also spreading abroad. Notably,opening up outposts in New York and mainland China. Some domestic issues remain after financial and art scandals in 2007 and 2008.  Hence, the international market for Korean art will work to increase the greater profile of Korean art in general.

In addition is ArtTactic’s first Art Market Report focusing on the art world of South Korea. Consequently report profiles the efforts of a number of South Korean art galleries, museums, curators and artists.  Those who are making confident steps towards greater international recognition is those on which our profile focuses.