COVID-19 Impact on Art Auction:
The World Health Organization declared the COVID-19 virus outbreak in December 2019 to be a public health emergency. The disease has spread to over 100 nations and resulted in tremendous deaths all across the world. Global industrial, tourism and financial markets have been particularly heavily damaged. The downward pressure on the global economy, which had previously shown signs of recovery, has grown once more. The spread of the virus has added dangerous factors to the global economy's already sluggish development. Various international agencies have stated that the global economy is experiencing its most difficult moment since the financial crisis. The global economic situation is bleak. The global economic situation is bleak. The coronavirus's negative global effects are already evident, and they will have a considerable impact on the Art Auction in 2020.
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2016-2027. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
By Product Type, Art Auction has been segmented into:
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Regions and Countries Level Analysis:
North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa were the regions analyzed by the experts. This section contains data about each region's and country's potential for growth. This data will aid players in identifying lucrative places and planning their future activities and investments accordingly. The market size and demand numbers for each region and country for the period 2016-2020 will also be available to the readers.
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Competitive Outlook
The analysts have conducted a thorough examination of the major competitors in the market and the methods they are employing to combat the strong competition in this section of the report. This section also includes company profiles and share analyses for the major companies. In addition, the experts conducted a comprehensive SWOT analysis of each player. They've also published manufacturers' sales and revenue data for the years 2016 through 2021. With the help of this report, key players, stakeholders, and other participants will be able to remain on top of recent and upcoming business changes, allowing them to make more informed decisions.
Table of Content
1 Art Auction Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Art Auction Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Art Auction Market Forces
3.1 Global Art Auction Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Art Auction Market - By Geography
4.1 Global Art Auction Market Value and Market Share by Regions
4.1.1 Global Art Auction Value ($) by Region (2015-2020)
4.1.2 Global Art Auction Value Market Share by Regions (2015-2020)
4.2 Global Art Auction Market Production and Market Share by Major Countries
4.2.1 Global Art Auction Production by Major Countries (2015-2020)
4.2.2 Global Art Auction Production Market Share by Major Countries (2015-2020)
4.3 Global Art Auction Market Consumption and Market Share by Regions
4.3.1 Global Art Auction Consumption by Regions (2015-2020)
4.3.2 Global Art Auction Consumption Market Share by Regions (2015-2020)
5 Art Auction Market - By Trade Statistics
5.1 Global Art Auction Export and Import
5.2 United States Art Auction Export and Import (2015-2020)
5.3 Europe Art Auction Export and Import (2015-2020)
5.4 China Art Auction Export and Import (2015-2020)
5.5 Japan Art Auction Export and Import (2015-2020)
5.6 India Art Auction Export and Import (2015-2020)
5.7
6 Art Auction Market - By Type
6.1 Global Art Auction Production and Market Share by Types (2015-2020)
6.1.1 Global Art Auction Production by Types (2015-2020)
6.1.2 Global Art Auction Production Market Share by Types (2015-2020)
6.2 Global Art Auction Value and Market Share by Types (2015-2020)
6.2.1 Global Art Auction Value by Types (2015-2020)
6.2.2 Global Art Auction Value Market Share by Types (2015-2020)
6.3 Global Art Auction Production, Price and Growth Rate of Fine Art (2015-2020)
6.4 Global Art Auction Production, Price and Growth Rate of Decorative Art (2015-2020)
6.5 Global Art Auction Production, Price and Growth Rate of Antiques (2015-2020)
6.6 Global Art Auction Production, Price and Growth Rate of Others (2015-2020)
7 Art Auction Market - By Application
7.1 Global Art Auction Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Art Auction Consumption by Applications (2015-2020)
7.1.2 Global Art Auction Consumption Market Share by Applications (2015-2020)
7.2 Global Art Auction Consumption and Growth Rate of Offline (2015-2020)
7.3 Global Art Auction Consumption and Growth Rate of Online (2015-2020)
8 North America Art Auction Market
8.1 North America Art Auction Market Size
8.2 United States Art Auction Market Size
8.3 Canada Art Auction Market Size
8.4 Mexico Art Auction Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Art Auction Market Analysis
9.1 Europe Art Auction Market Size
9.2 Germany Art Auction Market Size
9.3 United Kingdom Art Auction Market Size
9.4 France Art Auction Market Size
9.5 Italy Art Auction Market Size
9.6 Spain Art Auction Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Art Auction Market Analysis
10.1 Asia-Pacific Art Auction Market Size
10.2 China Art Auction Market Size
10.3 Japan Art Auction Market Size
10.4 South Korea Art Auction Market Size
10.5 Southeast Asia Art Auction Market Size
10.6 India Art Auction Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Art Auction Market Analysis
11.1 Middle East and Africa Art Auction Market Size
11.2 Saudi Arabia Art Auction Market Size
11.3 UAE Art Auction Market Size
11.4 South Africa Art Auction Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Art Auction Market Analysis
12.1 South America Art Auction Market Size
12.2 Brazil Art Auction Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Christie's
13.1.1 Christie's Basic Information
13.1.2 Christie's Product Profiles, Application and Specification
13.1.3 Christie's Art Auction Market Performance (2015-2020)
13.2 Artcurial
13.2.1 Artcurial Basic Information
13.2.2 Artcurial Product Profiles, Application and Specification
13.2.3 Artcurial Art Auction Market Performance (2015-2020)
13.3 Bonhams
13.3.1 Bonhams Basic Information
13.3.2 Bonhams Product Profiles, Application and Specification
13.3.3 Bonhams Art Auction Market Performance (2015-2020)
13.4 Phillips de Pury& Company
13.4.1 Phillips de Pury& Company Basic Information
13.4.2 Phillips de Pury& Company Product Profiles, Application and Specification
13.4.3 Phillips de Pury& Company Art Auction Market Performance (2015-2020)
13.5 China Guardian
13.5.1 China Guardian Basic Information
13.5.2 China Guardian Product Profiles, Application and Specification
13.5.3 China Guardian Art Auction Market Performance (2015-2020)
13.6 Sotheby's
13.6.1 Sotheby's Basic Information
13.6.2 Sotheby's Product Profiles, Application and Specification
13.6.3 Sotheby's Art Auction Market Performance (2015-2020)
13.7 Beijing Council International Auction Company
13.7.1 Beijing Council International Auction Company Basic Information
13.7.2 Beijing Council International Auction Company Product Profiles, Application and Specification
13.7.3 Beijing Council International Auction Company Art Auction Market Performance (2015-2020)
13.8 Artsy
13.8.1 Artsy Basic Information
13.8.2 Artsy Product Profiles, Application and Specification
13.8.3 Artsy Art Auction Market Performance (2015-2020)
13.9 Poly Auction
13.9.1 Poly Auction Basic Information
13.9.2 Poly Auction Product Profiles, Application and Specification
13.9.3 Poly Auction Art Auction Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Art Auction Market Forecast (2020-2025)
14.2 Europe Art Auction Market Forecast (2020-2025)
14.3 Asia-Pacific Art Auction Market Forecast (2020-2025)
14.4 Middle East and Africa Art Auction Market Forecast (2020-2025)
14.5 South America Art Auction Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Art Auction Market Forecast by Types (2020-2025)
15.1.1 Global Art Auction Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Art Auction Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Art Auction Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Art Auction Picture
Table Art Auction Key Market Segments
Figure Study and Forecasting Years
Figure Global Art Auction Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Art Auction Value ($) and Growth Rate (2015-2020)
Table Global Art Auction Value ($) by Countries (2015-2020)
Table Global Art Auction Value Market Share by Regions (2015-2020)
Figure Global Art Auction Value Market Share by Regions in 2019
Figure Global Art Auction Production and Growth Rate (2015-2020)
Table Global Art Auction Production by Major Countries (2015-2020)
Table Global Art Auction Production Market Share by Major Countries (2015-2020)
Figure Global Art Auction Production Market Share by Regions in 2019
Figure Global Art Auction Consumption and Growth Rate (2015-2020)
Table Global Art Auction Consumption by Regions (2015-2020)
Table Global Art Auction Consumption Market Share by Regions (2015-2020)
Figure Global Art Auction Consumption Market Share by Regions in 2019
Table Global Art Auction Export Top 3 Country 2019
Table Global Art Auction Import Top 3 Country 2019
Table United States Art Auction Export and Import (2015-2020)
Table Europe Art Auction Export and Import (2015-2020)
Table China Art Auction Export and Import (2015-2020)
Table Japan Art Auction Export and Import (2015-2020)
Table India Art Auction Export and Import (2015-2020)
Table Global Art Auction Production by Types (2015-2020)
Table Global Art Auction Production Market Share by Types (2015-2020)
Figure Global Art Auction Production Share by Type (2015-2020)
Table Global Art Auction Value by Types (2015-2020)
Table Global Art Auction Value Market Share by Types (2015-2020)
Figure Global Art Auction Value Share by Type (2015-2020)
Figure Global Fine Art Production and Growth Rate (2015-2020)
Figure Global Fine Art Price (2015-2020)
Figure Global Decorative Art Production and Growth Rate (2015-2020)
Figure Global Decorative Art Price (2015-2020)
Figure Global Antiques Production and Growth Rate (2015-2020)
Figure Global Antiques Price (2015-2020)
Figure Global Others Production and Growth Rate (2015-2020)
Figure Global Others Price (2015-2020)
Table Global Art Auction Consumption by Applications (2015-2020)
Table Global Art Auction Consumption Market Share by Applications (2015-2020)
Figure Global Art Auction Consumption Share by Application (2015-2020)
Figure Global Offline Consumption and Growth Rate (2015-2020)
Figure Global Online Consumption and Growth Rate (2015-2020)
Figure North America Art Auction Market Consumption and Growth Rate (2015-2020)
Table North America Art Auction Consumption by Countries (2015-2020)
Table North America Art Auction Consumption Market Share by Countries (2015-2020)
Figure North America Art Auction Consumption Market Share by Countries (2015-2020)
Figure United States Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Canada Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Mexico Art Auction Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Art Auction Market Consumption and Growth Rate (2015-2020)
Table Europe Art Auction Consumption by Countries (2015-2020)
Table Europe Art Auction Consumption Market Share by Countries (2015-2020)
Figure Europe Art Auction Consumption Market Share by Countries (2015-2020)
Figure Germany Art Auction Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Art Auction Market Consumption and Growth Rate (2015-2020)
Figure France Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Italy Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Spain Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Art Auction Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Art Auction Consumption by Countries (2015-2020)
Table Asia-Pacific Art Auction Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Art Auction Consumption Market Share by Countries (2015-2020)
Figure China Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Japan Art Auction Market Consumption and Growth Rate (2015-2020)
Figure South Korea Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Art Auction Market Consumption and Growth Rate (2015-2020)
Figure India Art Auction Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Art Auction Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Art Auction Consumption by Countries (2015-2020)
Table Middle East and Africa Art Auction Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Art Auction Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Art Auction Market Consumption and Growth Rate (2015-2020)
Figure UAE Art Auction Market Consumption and Growth Rate (2015-2020)
Figure South Africa Art Auction Market Consumption and Growth Rate (2015-2020)
Figure South America Art Auction Market Consumption and Growth Rate (2015-2020)
Table South America Art Auction Consumption by Countries (2015-2020)
Table South America Art Auction Consumption Market Share by Countries (2015-2020)
Figure South America Art Auction Consumption Market Share by Countries (2015-2020)
Figure Brazil Art Auction Market Consumption and Growth Rate (2015-2020)
Table Christie's Company Profile
Table Christie's Production, Value, Price, Gross Margin 2015-2020
Figure Christie's Production and Growth Rate
Figure Christie's Value ($) Market Share 2015-2020
Table Artcurial Company Profile
Table Artcurial Production, Value, Price, Gross Margin 2015-2020
Figure Artcurial Production and Growth Rate
Figure Artcurial Value ($) Market Share 2015-2020
Table Bonhams Company Profile
Table Bonhams Production, Value, Price, Gross Margin 2015-2020
Figure Bonhams Production and Growth Rate
Figure Bonhams Value ($) Market Share 2015-2020
Table Phillips de Pury& Company Company Profile
Table Phillips de Pury& Company Production, Value, Price, Gross Margin 2015-2020
Figure Phillips de Pury& Company Production and Growth Rate
Figure Phillips de Pury& Company Value ($) Market Share 2015-2020
Table China Guardian Company Profile
Table China Guardian Production, Value, Price, Gross Margin 2015-2020
Figure China Guardian Production and Growth Rate
Figure China Guardian Value ($) Market Share 2015-2020
Table Sotheby's Company Profile
Table Sotheby's Production, Value, Price, Gross Margin 2015-2020
Figure Sotheby's Production and Growth Rate
Figure Sotheby's Value ($) Market Share 2015-2020
Table Beijing Council International Auction Company Company Profile
Table Beijing Council International Auction Company Production, Value, Price, Gross Margin 2015-2020
Figure Beijing Council International Auction Company Production and Growth Rate
Figure Beijing Council International Auction Company Value ($) Market Share 2015-2020
Table Artsy Company Profile
Table Artsy Production, Value, Price, Gross Margin 2015-2020
Figure Artsy Production and Growth Rate
Figure Artsy Value ($) Market Share 2015-2020
Table Poly Auction Company Profile
Table Poly Auction Production, Value, Price, Gross Margin 2015-2020
Figure Poly Auction Production and Growth Rate
Figure Poly Auction Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Art Auction Market Forecast Production by Types (2020-2025)
Table Global Art Auction Market Forecast Production Share by Types (2020-2025)
Table Global Art Auction Market Forecast Value ($) by Types (2020-2025)
Table Global Art Auction Market Forecast Value Share by Types (2020-2025)
Table Global Art Auction Market Forecast Consumption by Applications (2020-2025)
Table Global Art Auction Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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