The art auction market - France

As of 2020, the global art auction market, representing 42% of the art trade and valued at $24.2 billion, showed a 17% decrease from the previous year. The market, composed predominantly of emerging and under-represented artists (84%), along with star, celebrated, and established artists (collectively 16%), is influenced by digital growth and social media platforms like Instagram. Dominant regions, including the United States, China, and the United Kingdom, make up 84% of market value. While global market trends indicate a transition towards increased private sales, with major auction houses like Sotheby's and Christie's making $1.8 billion in private sales, the French market notably deviates with a 16% growth, potentially due to its stability, lack of speculation, and market diversity. The market structure is overseen by leading auction houses such as Christie's, Sotheby's, and Phillips, with a focus on fine art exclusivities and varied segmentation by category, period, or price.

French Art Auction Market Trends and Dynamics

The French art auction market demonstrates notable stability and growth within the broader global context. Diverging from the global art auction market's decline of 17% compared to the previous year, the French market surged, exhibiting a robust growth rate between 15 and 20%. This marked increase solidifies France's position as a unique player in the art auction industry. France's art auction scene is less prone to speculation, setting it apart from other major markets. It boasts a diverse and fragmented landscape that seems to spare it from the high volatility observed in markets dominated by a few large players.

French auctions are less focused on headline-grabbing sales of star artists and more on a wide range of works, including those of emerging and under-represented artists, who constitute around 84% of the global artists' population. Despite global auction sales experiencing a dip, the auction market's transition to digital platforms continues to shape its evolution. France, like other markets, is seeing an increase in online sales and the impact of social networks like Instagram on market dynamics and visibility.

Conclusively, the French art auction market's growth, stability, and divergence from global trends can be attributed to its unique structural characteristics, such as market diversity and adaptability in embracing digital platforms.

Giants of the Gavel: An Overview of Dominant Auction Houses in the Art World

Within the bustling and intricate tapestry of the global art auction market, several key players stand out for their prowess and influence. These auction houses hold the reins of the art world, wielding significant power in the buying, selling, and establishing of art prices. As we delve into the dynamics of this elite marketplace, it becomes evident that a few names repeatedly rise to the top.

• Christie's, a name synonymous with prestige in the art world, has long been a titan in the auction industry. With a history stretching back to the 18th century, Christie's has cemented its reputation for handling high-profile sales and catering to the crème de la crème of art collectors. Christie's ability to curate exclusive private sales alongside public auctions has helped maintain its position as one of the front-runners in the art auction market.
• Sotheby's stands as Christie's perennial rival, with both houses frequently jockeying for the title of premier auction house. Sotheby's, too, boasts an extensive legacy in the art world, one marked by innovation and an expansive reach across various art categories and periods. Similar to Christie's, Sotheby's has excelled in the private sales arena, ensuring a foothold in each sector of the market from ancient artifacts to contemporary masterpieces.
• Phillips represents a more modern and dynamic player, known for its focus on contemporary art, design, and culture. While younger and somewhat smaller than its venerable competitors, Phillips has managed to carve out its niche, appealing to newer generations of art collectors and enthusiasts who are drawn to cutting-edge trends and forward-thinking curation.
• Moving eastward, Poly Auction emerges as a powerhouse within China, reflecting the country's substantial and growing impact on the global art market. China's burgeoning class of affluent collectors has found in Poly Auction a homegrown platform that bridges the rich cultural heritage of Chinese art with the wider global market for fine art and antiquities.
• Similarly, China Guardian is another influential Chinese auction house that has gained international recognition, specializing in Chinese artwork, calligraphy, and rare books. Its ascent within the art auction hierarchy underscores China's significance and strategic economic positioning within the global market.
• Heritage Auctions, based in the United States, distinguishes itself as the world's largest collectibles auctioneer and a major contender in the domain of fine art. 

Informations

• Nombre de pages : 30 pages
• Format : Version digitale et PDF
• Dernière mise à jour : 26/10/2022

Sommaire et extraits

Liste des graphiques

• Évolution des montants adjugés sur le marché de l'Art et des Objets de collection
• Évolution des montants adjugés dans le domaine de l'Art et des Antiquités
• Part du marché mondial des motants adjugés lors de ventes aux enchères
• Les cinq maisons de ventes les plus importantes
• Évolution du nombre de maisons de ventes du secteur Art & Objets de collection déclarant une croissance de leurs ventes, selon leur chiffre d'affaires
• Évolution des effectifs salariés sur le marché du commerce de détail de biens d'occasion en magasin
• Évolution du nombre d'entreprise issues du commerce de détail de biens d'occasion en magasin
• Quels produits achetez-vous sur les sites des maisons de ventes
• Quelles sont les circonstances qui vous incitent à aller sur ces sites ?
• Quelles sont les raisons principales pour lesquelles vous choisissez un site Internet plutôt qu’un autre ?
• Évolution des montants adjugés sur internet sur le marché de l'Art et des Objets de collection
• Répartition des ventes en ligne par canal
• Répartition des montants adjugés sur Internet en Art et Objets de collection entre l’Île-de-France et les autres régions en 2021
• Part des maisons de ventes d'Art et d'Objets de collection déclarant être présentes sur les réseaux sociaux
• Présence des maisons de ventes d'Art et d'Objets de collection selon le réseau social
• Réseaux sociaux les plus visités chaque mois
• Part des NFT dans l'art
• Evolution du nombre de visites sur le marché digital superrare.com entre Septembre 2021 et Mai 2022
• Poids des différentes catégories dans le secteur des enchères en Art & Antiquités
• Montants et évolution des montants adjugés parmis les différents secteurs des Arts et des Antiquités