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  1. Sotheby’s, seeking to grow collector base, will turn wines and spirits festival global for sector dominance 
  2. Singapore, Italy, Switzerland, Greece, Hong Kong and New Zealand top list of attractive destinations for global mobile wealthy: report
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Art and auctions

Global art sales up 4pc to $60B in 2025 after two years of decline: report

March 12, 2026

Art Basel Miami at the Wynwood Convention Center in Miami, December 2023. Image credit: Shutterstock Art Basel Miami at the Wynwood Convention Center in Miami, December 2023. Image credit: Shutterstock

 

By Luxury Marketer Intelligence

Global sales of art grew by 4 percent year-on year to an estimated $59.6 billion in 2025 after two years of declining values, with an increase in aggregate sales across both the dealer and public auction sectors.

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