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The combined sales value generated by public and private auctions of art and antiques worldwide increase by *** percent in 2025 over the previous year, amounting to **** billion U.S. dollars. That said, while public sales experienced an annual increase, private sales declined by roughly **** percent compared to 2024.

What are the biggest auction houses worldwide?

Two auction houses founded in the 18th century, Christie’s and Sotheby’s, are the giants of the global auction market, consistently ranking as the leading auction houses worldwide based on sales value. In 2025, Sotheby’s topped the list, earning roughly *** million U.S. dollars more than competitor Christie’s.

How much is the global art market worth?

The auction market is a pillar of the global art market, together with art dealers and art fairs. In 2025, sales in the art and antiques market worldwide reached almost ** billion U.S. dollars, reporting an annual decline. That year, the United States and the United Kingdom were the leading art markets worldwide. In 2025, these two countries combined accounted for over ** percent of global art sales.