Fine art logistics involves packaging, transportation and storing of paintings, invaluable art work and exhibits. This kind of service requires high level of knowledge, care and discretion. Fine art logistics service also includes import clearances. Many auction houses, art galleries, art dealers, and museums use fine art logistics for transporting their products. Fine art logistics market is anticipated to grow significantly during the forecast period.
MARKET SCOPE
The "Global Fine Art Logistics Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fine art logistics market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading fine art logistics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global fine art logistics market is segmented into Transportation, Packaging, Storage, Import Clearance and Others.
- On the basis of application, the market is segmented into art dealers and galleries, auction houses and museum and art fair.
MARKET DYNAMICS
Drivers:
- Rising demand for professional fine arts to drive the growth of fine art logistics
- Increasing urbanization and increasing per capita disposable income to boost growth of this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The fine art logistics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fine art logistics market in these regions.
IMPACT OF COVID-19 ON FINE ART LOGISTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic resulted in restriction of movement from one place to another. This has impacted the transportation industry severely. Also, since delivery of non-essentials was not allowed in many regions of the world, fine art logistics market suffered adverse consequences.
MARKET PLAYERS
The report covers key developments in the fine art logistics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fine art logistics market are anticipated to lucrative growth opportunities in the future with the rising demand for fine art logistics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fine art logistics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Agility
- Crown Fine Art
- DB Schenker
- DHL International GmbH
- Freight System
- Grace Worldwide
- KATOLEC CORPORATION
- Mithals International
- MTAB
- Yamato Transport Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.