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Art Dealers in the US - Industry Market Research Report

Art Dealers in the US

The Art Dealers industry is highly fragmented, with most operators having only one to four employees. However, on the opposite end, the industry also includes large auction houses, such as Sotheby's and Christie's International, which have been established within the industry for centuries, though smaller in number. Traditionally, growth for this industry has been driven by growth in the quantity of sales and not by inflation in selling prices. Although million-dollar selling prices get much attention, they are the exception rather than the rule. The majority of industry revenue is generated through the sale of affordable pieces, both by large auction houses and small gallery operators. Over the five years to 2023, industry growth will continue to be driven by the popularity of contemporary art, rising disposable income and the increasing number of museums seeking to make high priced purchases to entice visitors. As online sales globalize the market and increase the level of external competition, the forecasted depreciation of the US dollar over the five years to 2023 will help to protect industry operators.

This industry includes art galleries and art auction houses that primarily retail original and limited-edition artwork. The companies purchase artwork from an artist or individual owner and then sell the artwork to consumers, with little or no further development of the product. Additionally, auction houses that bring buyers and sellers together and collect a commission are included in the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Households earning more than $100,000
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Exports To...
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table Christie's International (US industry-relevant segment) - financial performance*
    • Table Sotheby's Holdings Inc. (US industry-relevant segment) - financial performance*
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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