This article is available exclusively in Persian.
Mega-art Fairs and Asia: A Growing Alliance
7 August 2023
In recent years, the presence of mega-art fairs like Art Basel and Frieze has expanded significantly in Asia. One key factor behind this trend is the diversification strategies adopted by the organizers of these events. Another major driver is the rapid growth of the ultra-wealthy in Asia, as highlighted by global wealth data, making the region increasingly attractive for high-value art transactions.
This brief overview explores the rise of these prominent art fairs in Asia and examines some of the factors contributing to their success in this dynamic region.
Author(s)
Sevana Boghossian
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