Discover the 5 key Art Industry Trends
1. Abstract paintings are most important to gallery sales.
For 59% of respondents, non-figurative paintings (which includes abstract painting, as well as associated genres such as minimalist painting, spiritual abstraction, and neo–abstract expressionism) were selected as most important to their business now. In contrast, 45% of galleries ranked figurative painting highest.
The Art Industry Trends Report was developed through an online survey that ran from March 2023 to April 2023, with responses from 886 gallery professionals and dealers that are both partners and non-partners of Artsy.
The majority of participants (41%) are based in the U.S., followed by the U.K. (7%). Some 20% have been in business for less than three years, 38% have been in business for between three and 15 years, and 42% have been in business for more than 15 years. Some 70% of respondents have a permanent, physical location.
Read the full analysis by downloading Art Industry Trends 2023.