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Published by Statista Research Department, Nov 24, 2023
A May 2023 report analyzed the motivations for buying art among art collectors worldwide. According to the study, the emotional value was the most important reason, with 84 percent of surveyed collectors saying they purchase art for this purpose. Meanwhile, half of the respondents stated that they buy art for investment returns.
Main motivations for buying art among art collectors worldwide as of May 2023
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Release date
November 2023
More information
Region
Worldwide
Survey time period
February to May 2023
Number of respondents
123 art collectors
Citation formats
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Topics
Art market in ChinaArt market worldwideArt market in the United Kingdom (UK)Sports in ChinaPerforming arts in Japan
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