Department stores in Japan were the largest sales channel of the Japanese market for works of art, generating over 67 billion Japanese yen in 2020. That year, the overall market size of art-related purchases was estimated to reach around 236 billion yen, of which 193 billion yen resulted from purchases made at businesses within the country.
Market size of works of art in Japan in 2020, by sales channel
(in billion Japanese yen)
The figures for purchases by type include duplicates, meaning the total amount for purchases of works of art differs from the total amount of purchases of works of art by sales channel.
1 Japanese yen equals 0.0090 U.S. dollars or 0.0078 euros as of October 2021.
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Art Tokyo Association. (March 18, 2021). Market size of works of art in Japan in 2020, by sales channel (in billion Japanese yen) [Graph]. In Statista. Retrieved January 21, 2022, from https://www.statista.com/statistics/1173058/japan-market-size-artworks-by-sales-channel/
Art Tokyo Association. "Market size of works of art in Japan in 2020, by sales channel (in billion Japanese yen)." Chart. March 18, 2021. Statista. Accessed January 21, 2022. https://www.statista.com/statistics/1173058/japan-market-size-artworks-by-sales-channel/
Art Tokyo Association. (2021). Market size of works of art in Japan in 2020, by sales channel (in billion Japanese yen). Statista. Statista Inc.. Accessed: January 21, 2022. https://www.statista.com/statistics/1173058/japan-market-size-artworks-by-sales-channel/
Art Tokyo Association. "Market Size of Works of Art in Japan in 2020, by Sales Channel (in Billion Japanese Yen)." Statista, Statista Inc., 18 Mar 2021, https://www.statista.com/statistics/1173058/japan-market-size-artworks-by-sales-channel/
Art Tokyo Association, Market size of works of art in Japan in 2020, by sales channel (in billion Japanese yen) Statista, https://www.statista.com/statistics/1173058/japan-market-size-artworks-by-sales-channel/ (last visited January 21, 2022)
