Art Market Panel: Current Trends in the Global Art Market

Art Market Panel: Current Trends in the Global Art Market

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Exploring the evolving dynamics of the global art market and the rise of next-generation collectors in Asia In recent years, the global art market has undergone profound structural transformation. Technological innovation, generational shifts, and geopolitical-economic fluctuations have collectively driven a paradigmatic change across the industry. Especially in the post-pandemic era, the rise of online trading platforms and the expansion of emerging collector groups have continuously reshaped the modes of circulation and the logic of value within the art world.Against this global backdrop, Asia is steadily emerging as a vital engine of market growth. From Mainland China, Hong Kong, and South Korea to Southeast Asia and the Middle East, evolving regional dynamics, in cultural policy, capital flow, and institutional ecosystems, are shaping a complex yet promising vision of the market’s future. This panel takes global trends as a point of departure to explore the present and future of the Asian art market through two in-depth discussions. The first session adopts a macro perspective to analyze Asia’s market development, policy frameworks, and global positioning. The second session turns to a “Next Generation” lens, focusing on the rise of young artists and collectors, the digitalization of collecting practices, and how youth-driven forces are redefining market discourse. By bringing together diverse voices from curatorial, collecting, platform-based, and practitioner contexts, this panel aims to chart both the current driving forces and the evolving trajectories of the Asian art market.