Key Market Indicators
Thailand's exports of artwork are projected to reach $35.2 million by 2026, up from $29.9 million in 2021. This is a growth of 2.7% year-on-year, according to the Compound Annual Growth Rate (CAGR). Since 1994, Thai supply has increased by 30.2% year-on-year. In 2021, Thailand placed 28th in the ranking, behind New Zealand with $29.9 million. The United Kingdom, Switzerland, and France took the top three spots respectively. Similarly, Thailand's imports of artwork are expected to reach $28.2 million by 2026, up from $24.8 million in 2021. This is a CAGR of 2.2% year-on-year. Since 1993, Thai demand has grown 19.8% year-on-year. In 2021, Thailand was at 32nd place, behind the Czech Republic with $24.8 million. The United Kingdom, Switzerland and the United Arab Emirates were the top three in the ranking.
Thailand Art Market Data and Forecasts
How much will Thailand Art Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
The European photographic industry has been undergoing significant evolutionary trends. The sector is notably shifting away from a traditional focus on hardware-based, film-centric processes to digital photography propelled by advancements in technology. This transition has inherent implications on the market's economics, not least the way firms generate revenue.Read more
The sphere of performing arts and sports observed as spectacles has been experiencing a pivotal shift largely driven by technological advancements. Live streaming and on-demand services are replacing traditional performance mediums, diversifying revenue streams. Innovations like virtual reality are offering immersive experiences, fuelling growth further. Fans and spectators now demand...Read more
The medical imaging market has seen a notable shift in business models. This is largely propelled by rapid technological advancements and the need for higher efficiency in healthcare service delivery. A surging focus on patient-centric healthcare, cost efficiencies, and improved diagnoses has given rise to a paradigm shift from simply...Read more
The imaging sector, particularly satellite and aerial imaging, is experiencing unprecedented dynamism, driven by technological advancements and rising demand across various industries. These include defense, environmental monitoring, urban planning, disaster management and agriculture among others. The market is expected to grow steadily, underpinned by increased government investments in space science...Read more
The market dynamics for multimodal and hybrid imaging technologies are influenced by a combination of various factors. Increasing incidence of chronic diseases, coupled with the global aging population, are necessitating more sophisticated diagnostic methods. This, in turn, is driving demand for these advanced imaging technologies. Additionally, continuous enhancements in software...Read more