Product Overview and Scope of Fine Art Logistics Market
Fine arts logistics refer to a service that encompasses the transport, packaging, import clearance, and storage of fine arts porcelains such as antiques, sculptures, and paintings. The fine arts logistics comprises two types of specialized skills, namely art handling and manual work. These comprise carpentry, high-value goods packing, loading and unloading, and trucking and operating forklifts. For instance, even today there are few companies such as Mithals International Movers, that undertake this painstaking work of shifting huge and delicate fine arts. The differentiating feature of transportation or logistics of fine arts or artworks is, that the material used for artworks such as the crates used for fine art are completely different from the average boxes that are used for domestic or commercial cargo. They are 12 mm thick with 2-inch foam lining.
The costs of using arts logistics services may vary depending on a multiple number of factors, such as value and size of the artwork, the distance it needs to be shipped to, and the level of service that is required. In addition, there have also been some improvements and advancements in the standards of packaging in fine arts logistics. Fine art logistics companies can also offer insurance for the shipment of artworks, which is a vital service for many collectors and galleries. For instance, several companies use bioplastic packaging instead of conventional plastic because it's eco-friendly. The crate-making process have resulted in a much higher level of protection for art. Thus, in conclusion, state-of-the-art art packaging has become possible due to technological advances that have been made over time. The growth of this fine arts logistics industry is having a huge impact on the art market as a whole. As, now days increasing number of people are interested in buying and selling art, thus, the requirement for professional and reliable art logistics services is expected to continue to grow.
Therefore, the overall fine arts logistics industry is a new and growing industry that is rapidly changing the art market. In the past, artworks were mostly shipped through traditional channels such as the post office or UPS. However, these methods are often unreliable and can result in damage to the artwork. Fine art logistics companies majorly specialize in the shipping of artworks and are able to offer a much higher level of service. They often use climate-controlled trucks and storage facilities. Thus, growth of the fine art logistics industry has been a boon for the art market. The fine art logistics industry is sure to continue to grow in the coming years.
Global Fine Art Logistics Revenue Market by Region (2018-2030)
Fine Art Logistics Market Revenue (USD Million) Comparison by Region (2018-2030)
|
Regions |
2018 |
2022 |
2030 |
Market Share (%) 2022 |
CAGR (%) (2023-2030) |
|
North America |
xx |
xx |
xx |
xx% |
xx% |
|
Europe |
xx |
xx |
xx |
xx% |
xx% |
|
Asia Pacific |
xx |
xx |
xx |
xx% |
xx% |
|
Latin America |
xx |
xx |
xx |
xx% |
xx% |
|
Middle East & Africa |
xx |
xx |
xx |
xx% |
xx% |
|
Total |
xx |
2,939.24 |
xx |
xx% |
4.8% |
Global Fine Art Logistics Market Regional Analysis
The North America region accounted for the significant market share of xx% in 2022. North America's dominance in the fine art logistics sector may be tracked through a combination of historical, economic, and cultural reasons that have made this region into a center for art collection, distribution, and management. For instance, every year, museums contribute $50 billion to the US economy. (Source: American Alliance of Museums), in addition, according to the government of North America, there are more than 35000 museums in the USA. With the expansion of popular art institutions, galleries, and private collectors, there has been an increase in the demand for specialist services to handle the transportation, storage, and presentation of precious artworks. For instance, the museums of Houston, Virginia, San Francisco has around 70,000 fine art objects, 36000 art works and collection of more than 1200 American paintings respectively requiring for greater supply of logistics. Thus, constitutes to the higher number of shares with the increased museums in North America driving the market for fine art logistics.
The continuous focus on technology advancement is also propelling the market growth. For instance, Masterpiece International, a US based company, launched a platform for fine art logistics named artWISE which provides database and also offers customers shared project management platform with accurate, continuous monitoring backed up by analysis, provided on a dynamic dashboard, giving the customer real-time insight.
The Art in architecture program commissions, fine art programs by the US government provides policies for safeguarding the U.S. General Services Administration (GSA) fine art. The increase in government focus on fine art is driving the market for fine art logistics in north America. The increase in art auction house sales have also boosted the demand for fine art logistics in North America. For instance, United States comes the second largest country for fine art and NFT auctions of $5,794,793,900 in 2021.
In conclusion, the dominance of North America in the fine art logistics market is the result of a combination of historical trends, economic strength, cultural vibrancy, technological innovation.
Hasenkamp Holding GmbH
Hasenkamp Holding GmbH Basic Information, Manufacturing Base, Sales Area, and Competitors
|
Sr. No. |
Item |
Description |
|
1 |
Company Name |
hasenkamp Holding GmbH |
|
2 |
Website |
www.hasenkamp.com |
|
3 |
Established Date |
1993 |
|
4 |
Headquartered |
Germany |
|
5 |
Market Position/ History |
hasenkamp Holding GmbH is a logistics service provider for sensitive and high-quality transport and storage goods. The company was founded in 1993 and is headquartered in Germany. |
|
6 |
Sales Area |
Worldwide |
|
7 |
No. of Employees |
Around 1000 employees |
|
8 |
Competitors |
|
|
9 |
CEO |
Thomas Schneider |
|
10 |
Ownership Type |
Private |
|
11 |
Contact Information |
Europaallee 16-18 50226 Cologne-Frechen Tel.: +49 (0) 2234 104-0 Fax: +49 (0) 2234 104-200 |
Recent Development
|
Year |
Latest News |
|
March 2023 |
Hasenkamp Group launched a sustainable, smart solution for art logistics The Hasenkamp Group, one of the world's leading companies in art transport, has recently announced the launch of "arca" Made to Protect, an uncompromisingly sustainable art case. Developed with the product philosophy of protecting valuable paintings and keeping the environmental impact as low as possible, arca offers museums, galleries, collectors, and artists an integrated sustainable, smart, and safe transport solution. |
|
February 2023 |
OMNI Accepted Hasenkamp Spain into Membership OMNI (Overseas Moving Network International) has recently announced that it has accepted hasenkamp in Spain into membership. The company joins SIT to become the second OMNI member in the country. hasenkamp in Germany has been a member of OMNI for many years. The hasenkamp group also has offices in Belgium, Poland, Moscow, UAE, Qatar, and Cuba. |
|
December 2020 |
Leading fine-art logistics specialist hasenkamp and 4ARTechnologies launched strategic cooperation to revolutionize global art handling 4ARTechnologies and hasenkamp joined forces to set new standards for the global landscape of fine art transports and art handling. The digital art market tools developed by the Swiss Art & Tech expert 4ARTechnologies was already being used by over 30,000 people in 65 countries. Renowned European logistics specialist hasenkamp, who handles works by Da Vinci or Gerhard Richter and serves clients like the MET in NY, is providing over a century of expertise and their own developments to define the next generation of fine-art handling services for the industry. |
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