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: Paris has emerged as a global leader in contemporary art supply, hosting more sales than New York, London, and Hong Kong combined. Tokyo is also rapidly growing as a major venue for both volume and value.
The global art market has shown significant resilience despite broader economic uncertainty. Key shifts include: buy modern paintings
: Artworks priced under $50,000 now make up roughly 61% of total auction lots sold, a substantial increase from pre-pandemic levels. : Paris has emerged as a global leader
Modern art can be acquired through three primary channels, each offering different levels of curation and price transparency. artprice.com, the world leader in Art market information Key shifts include: : Artworks priced under $50,000
: Over 83% of collectors now purchase art online, with 59% of galleries reporting a strategic focus on digital sales channels to meet this demand.