United States Fine Art Logistics Market Size By Product (Transportation, Packaging, Storage, Import Clearance and Others), By Application(Art Dealers and Galleries, Museum and Art Fair, Auction Houses, and Others), By Geographic Scope And Forecast

Report ID: 162371|No. of Pages: 202

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United States Fine Art Logistics Market Size By Product (Transportation, Packaging, Storage, Import Clearance and Others), By Application(Art Dealers and Galleries, Museum and Art Fair, Auction Houses, and Others), By Geographic Scope And Forecast

Report ID: 162371|Published Date: Jun 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

United States Fine Art Logistics Market Size And Forecast

United States Fine Art Logistics Market size was valued at USD 842.89 Million in 2024 and is projected to reach USD 1282.83 Million by 2031, growing at a CAGR of 5.39% during the forecast period 2024-2031.

The increasing demand for professional fine art logistics services is supposed to be one of the major factors expected to draw attention in the United States art logistics market during the forecast period. The United States Fine Art Logistics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

United States Fine Art Logistics Market is projected to reach USD 1282.83 Million by 2031, growing at a CAGR of 5.39% during the forecast period 2024-2031

What is Fine Art Logistics?

Art logistics is a term consisting of different layers of art management, administration, and transportation. In a metaphorical sense, it is defined as the brain and hands of the art market. First and foremost, logistics is all about the transportation of art, the industry’s most in-demand service. Rest everything, whether the transportation insurance or art storage, is attached to shipping.Besides, Fine Art Logistics is known as the outcome of a close and long-lasting collaboration developed together with customers in the art, gallery, and museum industries. Art handlers have far-reaching experience of not only transporting but also packaging and hanging up paintings as well as installing heavy sculptures. When a gallerist, museum specialist, private collector, or artist plans to join in an exhibition overseas, it is necessary to consider logistics as a part of the project planning. Special packing, normally Taylor-made ones, domestic and international transportation, transit time, specific export certifications, transport insurance, specific customs regulations at the country of origin and destination are all points that are required to be considered.

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United States Fine Art Logistics Market Overview

The increasing demand for professional fine art logistics services is supposed to be one of the major factors expected to draw attention in the United States art logistics market during the forecast period. Professional fine art logistics services give high-end event logistics and supply chain solutions including value-added services (VAS). These services involve transportation, packaging, and storage. In addition to this, the demand for fine art logistics is increasing from professional fine arts dealers and galleries, owing to strong private sales of professional fine arts products. Furthermore, the application of upgraded technologies in fine arts logistics services is expected to increase during the forecast period. Fine arts logistics firms offer a variety of technologically specialized logistics services, such as radio-frequency identification (RFID) for fine arts inventory tracking, GPS-enabled transportation trucks for tracking, bar-coding, and MIS-related services.

However, high operational cost and lack of skilled professional are the some majors factors that may hamper the market growth. The job of fine and craft artists involves developing creative ideas or new methods for making art, using techniques, such as weaving, knitting, glass blowing, and painting, drawing, or sculpting, and creating sketches or models to guide their work. Thus from this, it is clear that the job requires professional skilled workers who are capable of offering the desired results. Lack of such professional skilled workers can hinder the market growth. Moreover, ecommerce and online platforms are creating opportunities for fine art logistics market.

United States Fine Art Logistics Market: Segmentation Analysis

The United States Fine Art Logistics Market is segmented on the basis of Product, Application, and Geography.

United States Fine Art Logistics Market: Segmentation Analysis

United States Fine Art Logistics Market By Product

  • Transportation
  • Packaging
  • Storage
  • Import Clearance
  • Others

Based on Product, the market is bifurcated into Transportation, Packaging, Storage, Import Clearance and Others.Transportation accounted for the largest market share in 2020, and is projected to grow at the highest CAGR of 6.15% during the forecast period. Transporting fine art safely and effectively has been a problem that many people from all over the world have struggled with for a long time. Transporting works of art is characterized by the following needs such as proper security of the transported things, proper packaging, climate conditions (humidity and temperature), strictly defined time of realization, insurance, compliance with legal regulations, etc.

United States Fine Art Logistics Market By Application

  • Art Dealers and Galleries
  • Museum and Art Fair
  • Auction Houses
  • Others

United States Fine Art Logistics Market by Application

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On the basis of Application, the United States Fine Art Logistics Market has been segmented into Art Dealers and Galleries, Museum and Art Fair, Auction Houses, and Others. Art Dealers and Galleries accounted for the largest market share in 2020, and is projected to grow at the highest CAGR of 5.83% during the forecast period.An art dealer is a person or company that buys and sells works of art, or acts as the intermediary between the buyers and sellers of art.An art dealer in contemporary art typically seeks out various artists to represent and builds relationships with collectors and museums. An art gallery is a room or a building in which visual art is displayed.Galleries invest plenty of effort into building artists’ brands in all stages of their career from discovering new artists, helping them develop, to promoting their art and selling their works.

Key Players

The “United States Fine Art Logistics Market” study report will provide valuable insight with an emphasis on the US market. The major players in the market are AGILITY, DHL, IRON MOUNTAIN, YAMATO, DB SCHENKER, and Others.

The competitive landscape section also includes the above-mentioned players’ key development strategies, market share, and market ranking analysis of the above-mentioned players

Key Developments

Company Name

Key Developments

Description

IRON MOUNTAIN Acquisition • Iron Mountain Incorporated the global leader in storage and information management services has acquired Suppla’s Business Process Outsourcing (BPO) unit in Colombia, focused on information management of clinical evidence and guidance.
YAMATO Business Expansion • YAMATO USA has officially become a Service Provider for Amazon’s Service Provider Network (SPN). The SPN is a gateway for Amazon Marketplace Sellers to connect with YAMATO for support and service in managing e-commerce business expansion into overseas marketplaces such as Amazon Japan./td>

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Million)

Key Companies Profiled

AGILITY, DHL, IRON MOUNTAIN, YAMATO, DB SCHENKER, and Others.

Segments Covered

By Product, By Application, And By Geography.

Customization scope

Free report customization (equivalent up to 4 analyst’s working days)  with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research

Research Methodology of VMRTo know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

United States Fine Art Logistics Market was valued at USD 842.89 Million in 2024 and is projected to reach USD 1282.83 Million by 2031, growing at a CAGR of 5.39% during the forecast period 2024-2031.

The increasing demand for professional fine art logistics services is supposed to be one of the major factors expected to draw attention in the United States art logistics market during the forecast period

AGILITY, DHL, IRON MOUNTAIN, YAMATO, DB SCHENKER, and Others.

The United States Fine Art Logistics Market is segmented on the basis of Product, Application, and Geography.

The report sample of US Fine Arts Logistics Market report can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS

2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP DOWN APPROACH
2.1 RESEARCH FLOW

3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
3.2 UNITED STATES MARKET SNAPSHOT
3.3 UNITED STATES FINE ART LOGISTICS MARKET, BY APPLICATION (USD MILLION)
3.4 UNITED STATES FINE ART LOGISTICS MARKET, BY PRODUCT (USD MILLION)
3.5 FUTURE MARKET OPPORTUNITIES

4 MARKET OUTLOOK
4.1 UNITED STATES FINE ART LOGISTICS MARKET OUTLOOK
4.2 MARKET DRIVERS
4.2.1 INCREASE IN DEMAND OF PROFESSIONAL FINE ARTS
4.2.2 TECHNOLOGICAL ADVANCES IN FINE ARTS LOGISTICS
4.3 RESTRAINTS
4.3.1 HIGH OPERATIONAL COST AND COMPETITIVE PRICING
4.3.2 LACK OF AVAILABILITY OF SKILLED PROFESSIONALS
4.4 OPPORTUNITIES
4.4.1 INCREASING E-COMMERCE FINE ARTS SALES
4.4.1 RISING FINE ART AUCTION HOUSE SALES
4.5 IMPACT OF COVID-19 ON UNITED STATES FINE ART LOGISTICS MARKET
4.6 PORTER’S FIVE FORCES ANALYSIS

5 MARKET, BY APPLICATION
5.1 OVERVIEW
5.1 ART DEALERS AND GALLERIES
5.2 AUCTION HOUSES
5.3 MUSEUM AND ART FAIR
5.4 OTHERS

6 MARKET, BY PRODUCT
6.1 OVERVIEW
6.2 TRANSPORTATION
6.3 PACKAGING
6.4 STORAGE
6.5 IMPORT CLEARANCE
6.6 OTHERS

7 COMPETITIVE LANDSCAPE
7.1 OVERVIEW
7.2 COMPETITIVE SCENARIO
7.3 COMPANY MARKET RANKING ANALYSIS

8 COMPANY PROFILES
8.1 AGILITY
8.1.1 COMPANY OVERVIEW
8.1.2 COMPANY INSIGHTS
8.1.3 SEGMENT BREAKDOWN
8.1.4 PRODUCT BENCHMARKING
8.1.5 SWOT ANALYSIS

8.2 DHL
8.2.1 COMPANY OVERVIEW
8.2.2 COMPANY INSIGHTS
8.2.3 SEGMENT BREAKDOWN
8.2.4 PRODUCT BENCHMARKING
8.2.5 SWOT ANALYSIS

8.3 IRON MOUNTAIN
8.3.1 COMPANY OVERVIEW
8.3.2 COMPANY INSIGHTS
8.3.3 SEGMENT BREAKDOWN
8.3.4 PRODUCT BENCHMARKING
8.3.5 KEY DEVELOPMENTS
8.3.6 SWOT ANALYSIS

8.4 YAMATO
8.4.1 COMPANY OVERVIEW
8.4.2 COMPANY INSIGHTS
8.4.3 SEGMENT BREAKDOWN
8.4.4 PRODUCT BENCHMARKING
8.4.5 KEY DEVELOPMENTS
8.4.6 SWOT ANALYSIS

8.5 DB SCHENKER
8.5.1 COMPANY OVERVIEW
8.5.2 COMPANY INSIGHTS
8.5.3 PRODUCT BENCHMARKING
8.5.4 KEY DEVELOPMENTS
8.5.5 SWOT ANALYSIS

8.6 CROWN
8.6.1 COMPANY OVERVIEW
8.6.2 COMPANY INSIGHTS
8.6.3 PRODUCT BENCHMARKING

8.7 GRACE
8.7.1 COMPANY OVERVIEW
8.7.2 COMPANY INSIGHTS
8.7.3 PRODUCT BENCHMARKING

8.8 KATOLEC
8.8.1 COMPANY OVERVIEW
8.8.2 COMPANY INSIGHTS
8.8.3 PRODUCT BENCHMARKING

8.9 MTAB
8.9.1 COMPANY OVERVIEW
8.9.2 COMPANY INSIGHTS
8.9.3 PRODUCT BENCHMARKING

LIST OF TABLES

TABLE 1 UNITED STATES FINE ART LOGISTICS MARKET, BY APPLICATION, 2021 – 2028 (USD MILLION)
TABLE 2 UNITED STATES FINE ART LOGISTICS MARKET, BY PRODUCT, 2021 – 2028 (USD MILLION)
TABLE 3 COMPANY MARKET RANKING ANALYSIS
TABLE 4 AGILITY: PRODUCT BENCHMARKING
TABLE 5 DHL: PRODUCT BENCHMARKING
TABLE 6 IRON MOUNTAIN: PRODUCT BENCHMARKING
TABLE 7 IRON MOUNTAIN: KEY DEVELOPMENTS
TABLE 8 YAMATO: PRODUCT BENCHMARKING
TABLE 9 YAMATO: KEY DEVELOPMENTS
TABLE 10 DB SCHENKER: PRODUCT BENCHMARKING
TABLE 11 DB SCHENKER: KEY DEVELOPMENTS
TABLE 12 CROWN: PRODUCT BENCHMARKING
TABLE 13 GRACE: PRODUCT BENCHMARKING
TABLE 14 KATOLEC: PRODUCT BENCHMARKING
TABLE 15 MTAB: PRODUCT BENCHMARKING

LIST OF FIGURES

FIGURE 1UNITED STATES FINE ART LOGISTICS MARKET SEGMENTATION 10
FIGURE 2 RESEARCH TIMELINES
FIGURE 3 DATA TRIANGULATION
FIGURE 4 MARKET RESEARCH FLOW
FIGURE 5 UNITED STATES FINE ART LOGISTICS MARKET OVERVIEW
FIGURE 6 UNITED STATES MARKET SNAPSHOT
FIGURE 7 UNITED STATES FINE ART LOGISTICS MARKET, BY APPLICATION (USD MILLION)
FIGURE 8 UNITED STATES FINE ART LOGISTICS MARKET, BY PRODUCT (USD MILLION)
FIGURE 9 FUTURE MARKET OPPORTUNITIES
FIGURE 10 UNITED STATES FINE ART LOGISTICS MARKET OUTLOOK
FIGURE 11 PORTER’S FIVE FORCES ANALYSIS FOR UNITED STATES FINE ART LOGISTICS MARKET
FIGURE 12 UNITED STATES FINE ART LOGISTICS MARKET, BY APPLICATION
FIGURE 13 UNITED STATES FINE ART LOGISTICS MARKET, BY PRODUCT
FIGURE 14 KEY STRATEGIC DEVELOPMENTS
FIGURE 15 AGILITY: COMPANY INSIGHT
FIGURE 16 AGILITY: BREAKDOWN
FIGURE 17 AGILITY: SWOT ANALYSIS
FIGURE 18 DHL: COMPANY INSIGHT
FIGURE 19 DHL: BREAKDOWN
FIGURE 20 DHL: SWOT ANALYSIS
FIGURE 21 IRON MOUNTAIN: COMPANY INSIGHT
FIGURE 22 IRON MOUNTAIN: BREAKDOWN
FIGURE 23 IRON MOUNTAIN: SWOT ANALYSIS
FIGURE 24 YAMATO: COMPANY INSIGHT
FIGURE 25 YAMATO: BREAKDOWN
FIGURE 26 YAMATO: SWOT ANALYSIS
FIGURE 27 DB SCHENKER: COMPANY INSIGHT
FIGURE 28 DB SCHENKER: SWOT ANALYSIS
FIGURE 29 CROWN: COMPANY INSIGHT
FIGURE 30 GRACE: COMPANY INSIGHT
FIGURE 31 KATOLEC: COMPANY INSIGHT
FIGURE 32 MTAB: COMPANY INSIGHT

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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