A May 2021 report involving art collectors worldwide investigated some of the motivating factors behind art purchases. According to the results, roughly two-thirds of the collectors answered that they bought art to build a collection. Meanwhile, more than half of the survey sample claimed they purchased art to decorate, making it the second most popular reason to buy art.
Main reasons for art collectors to buy art worldwide as of May 2021
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Artsy. (June 30, 2021). Main reasons for art collectors to buy art worldwide as of May 2021 [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/1269936/main-reasons-for-art-collectors-to-buy-art-worldwide/
Artsy. "Main reasons for art collectors to buy art worldwide as of May 2021." Chart. June 30, 2021. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/1269936/main-reasons-for-art-collectors-to-buy-art-worldwide/
Artsy. (2021). Main reasons for art collectors to buy art worldwide as of May 2021. Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/1269936/main-reasons-for-art-collectors-to-buy-art-worldwide/
Artsy. "Main Reasons for Art Collectors to Buy Art Worldwide as of May 2021." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/1269936/main-reasons-for-art-collectors-to-buy-art-worldwide/
Artsy, Main reasons for art collectors to buy art worldwide as of May 2021 Statista, https://www.statista.com/statistics/1269936/main-reasons-for-art-collectors-to-buy-art-worldwide/ (last visited May 16, 2024)
Main reasons for art collectors to buy art worldwide as of May 2021 [Graph], Artsy, June 30, 2021. [Online]. Available: https://www.statista.com/statistics/1269936/main-reasons-for-art-collectors-to-buy-art-worldwide/