Statistical Changes in the Art World
- lesleydlawrence
- Apr 18
- 1 min read
The transformation of the art world began a few years ago with the wealth transfer among generations. Now, however, we see some interesting stats from the below summary of the Art Basel & UBS Survey of Global Collecting 2025 report that art advisors and personal property appraisers should be aware of (if they aren’t already)!
Key points:
1. Women collectors are now out-spending their male peers — on average, HNW women spent 46% more on art in 2024 than HNW men.
2. Younger generations are allocating a larger share of their wealth to art: Among respondents, the average collector spent 20% of their wealth on art collections in 2025 (up from ~15% in 2024), while ultra-high-net-worth individuals (those with > $50 m assets) allocated ~28%.
3. Among Gen Z collectors, not only is spending higher compared to men of the same cohort (Gen Z women spent ~$537,400 on average in 2024) but also 26% of their wealth was allocated to art — the highest rate across generations
4. Gen Z collectors lead in digital-art and film/video art uptake, and among non-traditional “collectibles” they allocate the largest share of spending (~56%) to categories beyond fine art — including luxury handbags, collectible sneakers (at almost 5× the level of any other generation), classic cars/boats/jets, and sports assets.
Is your personal property appraiser keeping up with this dynamic market?
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