Leading channels used by HNW art collectors to purchase art worldwide H1 2023

Leading channels used by high net worth (HNW) art collectors to purchase art and antiques worldwide in 1st half 2023

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Sources

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Release date

November 2023

Region

Worldwide

Survey time period

H1 2023

Number of respondents

2,828 respondents

Age group

20 years and older

Method of interview

Panel survey

Supplementary notes

The survey was conducted between July and September 2023.

The source defined high net worth (HNW) collectors as individuals who have 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 2021 and 2022, and a minimum of 5,000 U.S. dollars in the first half of 2023.

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

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