Industry

Asia Pacific Fine Art Logistics Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Transportation, Packaging, Storage, Import Clearance, and Others) and End-user (Art Dealers & Galleries, Auction Houses, and Museum & Art Fairs)

Report Code : 

TIPRE00030062

No. of Pages : 140
Published Month : Sep 2023
Category : Automotive and Transportation

The Asia Pacific fine art logistics market was valued at US$ 2,051.20 million in 2022 and is projected to reach US$ 3,149.10 million by 2030; it is expected to account for a CAGR of 5.5% from 2022 to 2030.

 

Analyst Perspective:

In APAC, the expansion of the fine art logistics market and the maturity of the exhibition market have led to the scale and regularization of fine arts logistics companies. This enables them to cater to the growing demand for reliable and professional art logistics services. As the APAC art market continues to flourish, along with an increasing interest in buying and selling art, the need for efficient transportation, storage, and handling of artwork becomes paramount. To fulfill this demand, fine arts logistics companies provide specialized services to the unique requirements of transporting and safeguarding valuable artworks. The India Art Fair 2023 will have 85 exhibitors and 71 galleries that support the significant growth of the fine art logistics market in India. The fair showcases a diverse range of contemporary, modern, and digital artwork from India and South Asia, attracting numerous exhibitors, galleries, and institutions. The participation of prominent Indian and international galleries further emphasizes the region’s reach and significance in the fine art logistics market.

Market Overview:

Fine art logistics services offer specialized transportation, storage, and handling of valuable artworks. They cater to the requirements of the art market, ensuring the safe and efficient movement of art pieces across the world. The fine art logistics market has been reporting significant growth in APAC in recent years. Increasing interest in buying and selling art propels the demand for efficient transportation, storage, and handling of artworks. Fine arts logistics companies have emerged as key players in meeting this demand by providing specialized services to the unique requirements of transporting and safeguarding valuable artworks. Further, the rise of online retail and e-commerce channels has played a crucial role in reshaping the fine art logistics industry. Online shopping has gained popularity, particularly in developing countries, as it offers attractive prices, convenience, and a wide range of handcrafted products. Due to the need for fast shipping services and the availability of diverse products, the demand for fine art logistics market increased.

Asia Pacific Fine Art Logistics MarketReport Scope

Asia Pacific Fine Art Logistics Market Report Scope

Report Attribute Details
Market size in 2022 US$ 2,051.20 Million
Market Size by 2030 US$ 3,149.10 Million
Global CAGR (2022 - 2030) 5.5%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Type
  • Transportation
  • Packaging
  • Storage
  • Import Clearance
By End-user
  • Art Dealers & Galleries
  • Auction Houses
  • Museum & Art Fairs
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Baltrans International Moving Limited
  • Warehouse Terrada
  • Malca-Amit
  • Helu-Trans Group
  • Ysds Hong Kong
  • Fine Art Shippers
  • Lotus Fine Arts
  • Crown Worldwide
  • Brink's Incorporated
  • The List of Companies - Asia Pacific Fine Art Logistics Market

    1. Baltrans International Moving Limited
    2. Warehouse Terrada
    3. Malca-Amit
    4. Helu-Trans Group
    5. Ysds Hong Kong
    6. Fine Art Shippers
    7. Lotus Fine Arts
    8. Crown Worldwide
    9. Brink's Incorporated
    10. Crozier Fine Arts Ltd
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the fine art logistic market.
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the fine art logistic market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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