HNW collectors: top channels to buy art globally 2024

A 2024 survey identified the most popular channels used by high-net-worth (HNW) art collectors worldwide to purchase art and antiques in the first six months of that year. According to the study, dealers were the most conventional approach for HNW collectors to buy art, being indicated by 88 percent of the sample. While 67 percent of surveyed collectors bought art via auctions, 41 percent did so at art fairs.

Leading channels used by high-net-worth (HNW) art collectors to purchase art and antiques worldwide in 1st half 2024

Characteristic	Share of respondents
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

October 2024

More information

Region

Worldwide

Survey time period

H1 2024

Number of respondents

3,663 respondents

Age group

20 years and older

Method of interview

Panel survey

Supplementary notes

The survey was conducted between July and August 2024.

The source defined high net worth (HNW) collectors as individuals with a current net worth, excluding real estate and private business assets, exceeding one million U.S. dollars. Additionally, to be included in the survey, collectors were required to have spent at least 10,000 U.S. dollars on art and antiques in 2022 and 2023, and a minimum of 5,000 U.S. dollars in the first half of 2024.

Respondents were HNW individuals from the following markets: United States, United Kingdom, France, Germany, Italy, Singapore, Hong Kong SAR, China, Taiwan, Japan, Brazil, Switzerland, Indonesia, and Mexico.

Citation formats

Other statistics on the topic
Art market worldwide

Total value of sales involving a non-fungible token (NFT) in the art segment worldwide over the previous 30 days from April 15, 2021 to February 15, 2025 (in 1,000 U.S. dollars)

Art & Culture

NFT sales value in the art segment worldwide in the last 30 days February 2025

Total number of sales involving a non-fungible token (NFT) in the art segment worldwide over the previous 30 days from April 15, 2021 to February 15, 2025, by type

Art & Culture

NFT sales in the art segment worldwide in the last 30 days February 2025, by type

Distribution of the art market value worldwide in 2023, by country

Art & Culture

Global art market share 2023, by country

Sales value of the art market worldwide from 2007 to 2023 (in billion U.S. dollars)

Art & Culture

Global art market value 2007-2023

Access all statistics starting from $2,388 USD yearly ^*

* For commercial use only

For single users

$0 USD

Always free

Access limited to Free Statistics. Premium Statistics are not included.

Free Statistics

Based on your interests

For single users

$199 USD

per month, billed annually ¹

Buy now

Free Statistics
Premium Statistics

The statistic on this page is a Premium Statistic and is included in this account.

For teams of up to 5 people

$1,299 USD

per month, billed annually ¹

Buy now

Free + Premium Statistics
Reports
Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Leading companies trust Statista:

Related reports: Available to download in PDF or PPTX format

All data
in one format

NFT art market

32 page/s
English
pptx
Detailed references

Everything on "NFT art market" in one document: edited and divided into chapters, including detailed references.

Go to report

Further reports

Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.

Marlene Greenfield
Vice President, Hearst Magazines