Key Market Indicators
The market for American work of art is estimated to hit $30 billion by 2026. This is up from $25.5 billion in 2021, representing a 1.8% year-on-year CAGR. Since 1996, American demand has grown at an average rate of 2.8% year on year. The UK, Switzerland, and the UAE are the second, third, and fourth largest markets, respectively. American work of art exports are projected to reach $17 billion by 2026, up from $14.1 billion in 2021, with an average annual growth rate of 2.6%. Since 1996, American supply has increased by 4.7% year on year. The UK, Switzerland, and France are the second, third, and fourth largest exporters, respectively.
