DUBLIN--(BUSINESS WIRE)--The "U.S. Online Art and Sculpture Market Size and Forecast by Type (Paintings, Drawings and Sculptures) by End customer (Foreign Customers and Domestic Customers) and Trend Analysis, 2015-2025" report has been added to ResearchAndMarkets.com's offering.
The U.S. online art and sculpture market to reach USD 2.39 billion by 2025, owing to the rise in the number of online platforms, expansion of existing platforms and the growing use of internet for procurement purposes over the forecast period. These days customer prefer to buy art and sculptures online not only to save on the travelling costs and time but also on account of the easy return policies offered by various online platforms.
The customers can find collectibles and art online which otherwise they cannot discover in a particular gallery or selling space. With the improvement in return request policies, enhanced logistical and supply chain practices, reliable due diligence such as situation reports and licenses of authenticity, and growing transparency is expected to increase the online sales of art and sculptures all over the country.
The painting segment dominated the market in 2016 and is expected to maintain its position over the forecast period. Paintings are the favorite art piece preferred by the customers to buy as they attract a lot of attention and are difficult to be understood at times. The U.S. customers prefer to buy paintings online as most of the galleries are not well equipped with all the expensive original art work. Most of the art trade happen online or in art fairs on account of the diminishing use of physical space to display paintings.
- Artspace LLC
- Saatchi Art
Key Topics Covered:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
Chapter 3. Introduction
Chapter 4. Online Art and Sculpture Market Trends: Drivers & Opportunities
Chapter 5. Online Art and Sculpture Market, By Type
Chapter 6. Online Art and Sculpture Market Trends, By End customer
Chapter 7. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/trv8zx/u_s_online_art?w=4