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Art Dealers in Michigan

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MI45392

Art Dealers in Michigan industry analysis

The Art Dealers industry in Michigan is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Art Dealers in Michigan Market Research Report

What’s Included in the Art Dealers in Michigan Market Research Report

Definition of the Art Dealers in Michigan?

This industry includes art galleries and auction houses that primarily retail original and limited-edition artwork. The companies purchase artwork from an artist or individual owner and then sell it to consumers, with little or no further development of the product. Additionally, auction houses that bring buyers and sellers together and collect a commission are included in the industry.

What’s included in the Art Dealers in Michigan?

The Art Dealers in Michigan includes paintings, drawings, prints, sculptures, photography and other media. Related terms covered in the Art Dealers in Michigan industry report includes the price at which a bidder wins an auction lot. it does not include the typical buyer's commission or seller's fee, a company that sells products by auction. the company does not purchase the merchandise it auctions off; rather, it serves as the facilitator of sales for a seller and european paintings created before or around the 1800s. this category includes painters such as goya and dresden.

Industry Performance of the Art Dealers industry in Michigan

Benchmark the Art Dealers in Michigan industry performance with all MI county and national performance.

Art Dealers in Michigan

#4 in Highest Revenue 2.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Art Dealers in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Art Dealers industry in Michigan

See how key industry drivers, such as population, new business formation, per capita disposable income, consumer spending, demand from museums and households earning more than $100,000 are impacting Art Dealers in Michigan

Michigan Economic Indicators

Population
New Business Formation
Per Capita Disposable Income

View more economic information in MI State Economic profile

US Key External Drivers

Consumer spending
Demand from museums
Households earning more than $100,000

For the full list of industry drivers, see report purchase options.

County Data of the Art Dealers industry in Michigan

Access proprietary data on county in the Art Dealers in Michigan, such as Wayne County, Oakland County and Kent County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Art Dealers industry in Michigan

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Art Dealers industry in Michigan in 2025?

The market size of the Art Dealers industry in Michigan is $418.0m in 2025.

How many businesses are there in the Art Dealers industry in Michigan in 2025?

There are 484 businesses in the Art Dealers industry in Michigan, which has been growing at an average annual rate of 1.2% from 2020 to 2025.

Has the Art Dealers industry in Michigan grown or declined over the past 5 years?

The market size of the Art Dealers industry in Michigan has been growing at an average annual rate of 3.7% from 2020 to 2025.

How many employees in the Art Dealers industry in Michigan in 2025?

There are 838 employees in the Art Dealers industry in Michigan, which has been growing at an average annual rate of 1.3% from 2020 to 2025.