Share of works held in HNW art collections globally H1 2022, by medium and generation

Published by Statista Research Department, Jul 19, 2023

Paintings, sculptures, and works on paper accounted for the highest share of works in collections of high net worth (HNW) art collectors worldwide in the first six months of 2022. According to a global survey, such works made up 51 percent of the art collected by HNW individuals from the baby boomer generation. Meanwhile, digital art linked to a non-fungible token (NFT) represented 10 percent of works owned by Gen X collectors.

Share of works held in collections of high net worth (HNW) art collectors worldwide in 1st half 2022, by medium and generation

Characteristic	Paintings, sculptures, works on paper	Photography, prints, multiples	Film and video art	Digital art (with NFT)	Digital art (without NFT)	Other mediums
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Release date

November 2022

More information

Region

Worldwide

Survey time period

H1 2022

Number of respondents

2,709 respondents

Method of interview

Panel survey

Supplementary notes

The survey was conducted in August 2022.

The source defined high net worth (HNW) collectors as individuals who have a current net worth, excluding real estate and private business assets, in excess of one million U.S. dollars. Additionally, to be included in the survey, collectors were required to have spent at least 10,000 U.S. dollars on fine or decorative art in 2020 and 2021, and a minimum of 5,000 U.S. dollars in 2022.

Respondents were HNW individuals from the following markets: United States, United Kingdom, France, Germany, Italy, Singapore, Hong Kong, China, Taiwan, Japan, Brazil.

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