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Fine Arts Logistics Market Value Projected to Expand by 2031

08-23-2024 11:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Fine Arts Logistics Market Value Projected to Expand by 2031

The global fine arts logistics market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. The key driver of the market is the growing number of museums across the globe. For instance, according to UNESCO's museums around the world in the face of COVID-19 report published in 2021, there were about 104,000 museums in 2020, compared to just 22,000 in 1975. Additionally, the growth of online sales of art and collectibles is also driving demand for fine art logistics services. As more art buyers shift their activities online, the need for secure and efficient transportation of art objects is increasing, driving growth in the fine art logistics market.

Owing to such factors, key market players such as Crozier, Lufthansa Cargo, and others are expanding their logistics capacities through acquisitions and other activities. For instance, in August 2022, Crozier, a global leader in fine arts storage and logistics, moved into Asia with the acquisition of IFAS, a Hong Kong-based provider of art storage, logistics, and installation. This is Crozier's first acquisition in Hong Kong, an important and expanding market for the art world. Crozier is perfectly positioned to help artists, museums, collectors, institutions, and galleries with the secure transfer and storage of art on a worldwide scale, with 30 facilities throughout 11 global markets in the US, Europe, and now Asia.Additionally, in June 2022, Lufthansa Cargo unveiled its new Fine Arts storage building at the Frankfurt Hub, continuing its efforts to upgrade its largest airfreight hub. The ARTcube in the Lufthansa Cargo Center now has twice the room for secure and professional storage of high-value fine arts of all types, measuring 155 square meters.

To Request a Sample of our Report on Fine Arts Logistics Market:  https://www.omrglobal.com/request-sample/fine-arts-logistics-market

Market Coverage           

The Market Number Available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Services
By End-Users

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape-Fine Art Logistics, Four Winds, Isca Forwarding Ltd., Katolec Corp., Lotus Fine Arts,and others.

Fine Arts Logistics Market Report Segment

By Services

Art Storage Services
Packing and Casemaking
Shipping Services

By End-Users

Art Dealers and Galleries
Auction Houses
Museums and Art Fairs

A full Report of Fine Arts Logistics Market is Available @  https://www.omrglobal.com/industry-reports/fine-arts-logistics-market

Fine Arts Logistics Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles 

Agility Public Warehousing Company K.S.C.P.
Asian Tigers
Cadogan Tate
Cosmos International Freight Ltd.
Crown Worldwide Group
DB Schenker
Deutsche Post AG
Fine Art Logistics
Four Winds
Isca Forwarding Ltd.
Katolec Corp.
Lotus Fine Arts
Masterpiece International
Nippon Express Co., Ltd.
Star Worldwide Group
Transworld Group

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fine-arts-logistics-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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