Positive sentiment returns to the art market

ArtTactic’s Art Market Confidence Indicator showed improvement this month, marking the first instance of positive sentiment in the art market since February 2022. While this shift signals a potential market rebound, it remains uncertain whether it signals short-term relief after two years of decline or the beginning of a new growth cycle for the market.

About this report:
The ArtTactic Art Market Confidence Indicator was launched in May 2005 and is now in its 40th edition. The survey is modelled on a similar methodology to the CEO confidence Survey that was launched in 1976 by the Conference Board in the US. We believe that the opinions of a small group of select ‘art insiders’; collectors, auction houses, advisors and other art professionals provide a valuable insight into the perception about the current and future state of the art market.

Artists included in this Confidence Survey:
Established Artists
Kai Althoff, John Baldessari, Miquel Barcelo, Matthew Barney, Georg Baselitz, Mark Bradford, Cecily Brown, Glenn Brown, Maurizio Cattelan, Jake & Dinos Chapman , George Condo, Peter Doig, Marlene Dumas, Olafur Eliasson, Fischli & Weiss, Urs Fisher, Gilbert & George, Robert Gober, Andreas Gursky, Damien Hirst, Anish Kapoor, On Kawara, Mike Kelley, William Kentridge, Anselm Kiefer, Jeff Koons, Yayoi Kusama, Paul McCarthy, Vik Muniz, Takashi Murakami, Yoshitomo Nara, Shirin Neshat, Chris Ofili, Elisabeth Peyton , Sigmar Polke, Richard Prince, Neo Rauch, Gerhard Richter, Thomas Ruff, David Salle, Sean Scully, Cindy Sherman, Rudolf Stingel, Thomas Struth, Mark Tansey, Rosemarie Trockel, Luc Tuymans, Bill Viola, Jeff Wall, Franz West, Rachel Whiteread and Christopher Wool

Contents

Foreword

Key Findings

Art Market Confidence

Artists Confidence Indicator

Artists Longevity Indicator

Artists Confidence Quadrant

Artists Confidence Ranking

FOCUS: Artist Market Confidence Analysis