Global art market share 2024, by country

The United States was the leading art market worldwide in 2024, generating ** percent of the global art market value. That year, the United Kingdom ranked second, accounting for ** percent of global sales. China followed in third place, representing ** percent of the market.

How much is the global art market worth?

In 2024, the sales value of the art market worldwide amounted to almost ** billion U.S. dollars, reporting a decline over the previous year. In contrast, the volume of transactions in the global art market experienced an annual increase in 2024, catching up with pre-pandemic levels.

What is the value of online art sales?

With most in-person sales and events being canceled or rescheduled during the pandemic, art dealers, fairs, and auction houses strengthened their digital departments, causing a boost in global online sales of the art and antiques market. While the value generated by online art transactions decreased in 2024 over the previous year, it remained way above pre-pandemic levels, exceeding ** billion U.S. dollars.