Global art market sales rise 4 percent to 59.6 billion

A report from UBS and Art Basel shows global sales grew 4% in 2025 to reach 59.6 billion dollars. Dealers remain upbeat for 2026 despite trade complexities.

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Insights:

The global art market has returned to growth for the first time in three years, according to a comprehensive report released by UBS Group AG and Art Basel. Following a 4% increase in sales to an estimated $59.6 billion in 2025, the industry is showing signs of increased confidence. Approximately 43% of art dealers now anticipate a rise in turnover for 2026, compared to just 33% who held that view a year earlier.

Art enthusiasts examine various pieces on display during the Art Basel event in Switzerland, June 2025. REUTERS/Marleen Kaesebier
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