1、1The Japanese Art Market 20252IndexAcknowledgmentsCreditsForewordKey Findings3Structure of the Dealer Market in Japan6Sales by Dealers8Artists Representation13Costs and Profitability1562.Dealers and Galleries in Japan183.Exhibitions and Art Fairs in Japan224.Auction Houses in JapanAncillary Spending
2、28275.Employment and Outlook1.The Japanese Art Market4The Japanese Art Market 2025 is published as part of the“FY2025 Art Ecosystem Infrastructure Development Promotion Project,”commissioned by the Agency for Cultural Affairs to enhance understanding of Japans art market and to highlight its potenti
3、al.The report was prepared in collaboration with Dr.Clare McAndrew,a cultural economist and founder of Arts Economics.This report provides an estimate of the size and structure of the Japanese art market by combining data from the dealer and auction sectors.Dealer data is from a survey of 2024 sales
4、 figures collected from domestic art dealers and auction houses as part of the 2024 Agency for Cultural Affairs Art Market Research Project,in conjunction with national economic statistics.These include National Accounts(GDP data),the Economic Census,and the Agency for Cultural Affairs Cultural Admi
5、nistration Research and Study(Cultural GDP).Foreword3Key FindingsSales reached$692 million in 2024,up 2%year on year,while global sales declined 12%.Following a 38%drop in 2020,the market rebounded to$756 million in 2022 and has since stabilized.Global and Regional ContextDealers and galleries accou
6、nted for 71%of total market value($494 million),up 7%in 2024.58%of businesses earned under$250,000,while 20%exceeded$1 million.The smallest dealers recorded the strongest growth(+22%),while the largest dealers grew 6%,outperforming global peers(15%).93%of transactions were priced below$50,000;fewer