Product Code: ETC170563 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India art and sculpture market is expected to have a positive Outlook due to the increasing demand for these items from both domestic as well as international buyers. The India government has also shown its commitment to boost this sector by establishing several initiatives, such as setting up galleries in different parts of the country, providing grants for artists and sculptors, etc. Additionally, with the rise of online platforms like eBay and Amazon, it has become easier than ever before for people all over India to purchase artwork from anywhere in the world. Moreover, more Indias are becoming aware of art & culture that would help them buy sculptures and pieces of art that reflect their own identity. This is likely to give an impetus to this industry in 2023-29.
The India art and sculpture market has been steadily growing in recent years, driven by increasing demand from both domestic and international buyers. The growth of the economy, as well as a growing appreciation for traditional India crafts and artwork, have helped drive up the value of these pieces. Additionally, rising tourism to India has also led to an increase in art collectors visiting the country and looking for unique works of art. Online platforms such as ArtChaat have also enabled easy access to authentic India sculptures from all over India, further aiding growth in this sector. In addition to these factors, various government initiatives like `Make in India` are helping promote local artists and their work thereby contributing towards growth in this market segment.
The India Art and Sculpture Market faces a range of challenges, including the lack of regulation in the industry, high import taxes on art works from abroad, restrictions on imports from certain countries, limited access to financing for artists without established reputations, difficulty finding buyers for niche pieces due to limited exposure and marketing resources, as well as the general perception that India art is not seen as valuable or desirable by many potential customers. Additionally, the market has difficulty competing with international galleries that offer more diverse work at lower prices. Finally, there are also complexities surrounding issues of copyright infringement and intellectual property rights which can be difficult to navigate.
Some key players operating within this industry include Anant Art Gallery, Saffronart , Apparao Galleries , Volte Gallery , Sakshi Gallery , Chatterjee & Lal, Latitude 28 etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Art and Sculpture Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Art and Sculpture Market Revenues & Volume, 2020 & 2030F |
3.3 India Art and Sculpture Market - Industry Life Cycle |
3.4 India Art and Sculpture Market - Porter's Five Forces |
3.5 India Art and Sculpture Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 India Art and Sculpture Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F |
3.7 India Art and Sculpture Market Revenues & Volume Share, By End-user, 2020 & 2030F |
4 India Art and Sculpture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Art and Sculpture Market Trends |
6 India Art and Sculpture Market, By Types |
6.1 India Art and Sculpture Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Art and Sculpture Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 India Art and Sculpture Market Revenues & Volume, By Artifacts, 2020-2030F |
6.1.4 India Art and Sculpture Market Revenues & Volume, By Sculptureย , 2020-2030F |
6.2 India Art and Sculpture Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 India Art and Sculpture Market Revenues & Volume, By Auction Houses, 2020-2030F |
6.2.3 India Art and Sculpture Market Revenues & Volume, By Dealers, 2020-2030F |
6.2.4 India Art and Sculpture Market Revenues & Volume, By Galleries, 2020-2030F |
6.2.5 India Art and Sculpture Market Revenues & Volume, By Art Fairs, 2020-2030F |
6.2.6 India Art and Sculpture Market Revenues & Volume, By Online Sales, 2020-2030F |
6.2.7 India Art and Sculpture Market Revenues & Volume, By Retail Outlets, 2020-2030F |
6.2.8 India Art and Sculpture Market Revenues & Volume, By Others , 2020-2030F |
6.2.9 India Art and Sculpture Market Revenues & Volume, By Others , 2020-2030F |
6.3 India Art and Sculpture Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 India Art and Sculpture Market Revenues & Volume, By Private Collectors, 2020-2030F |
6.3.3 India Art and Sculpture Market Revenues & Volume, By Museums, 2020-2030F |
6.3.4 India Art and Sculpture Market Revenues & Volume, By Real Estate Developers, 2020-2030F |
6.3.5 India Art and Sculpture Market Revenues & Volume, By Interior Designers, 2020-2030F |
6.3.6 India Art and Sculpture Market Revenues & Volume, By Residential Individual Buyers, 2020-2030F |
6.3.7 India Art and Sculpture Market Revenues & Volume, By Other Professionals, 2020-2030F |
7 India Art and Sculpture Market Import-Export Trade Statistics |
7.1 India Art and Sculpture Market Export to Major Countries |
7.2 India Art and Sculpture Market Imports from Major Countries |
8 India Art and Sculpture Market Key Performance Indicators |
9 India Art and Sculpture Market - Opportunity Assessment |
9.1 India Art and Sculpture Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 India Art and Sculpture Market Opportunity Assessment, By Sales Channel, 2020 & 2030F |
9.3 India Art and Sculpture Market Opportunity Assessment, By End-user, 2020 & 2030F |
10 India Art and Sculpture Market - Competitive Landscape |
10.1 India Art and Sculpture Market Revenue Share, By Companies, 2023 |
10.2 India Art and Sculpture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |