Art Market Trends and Predictions for 2026: Insights from Industry Insiders

As we look ahead to 2026, the global art market is poised for transformation. Senior editor Kate Brown engages in a conversation with Marc Spiegler, the former global director of Art Basel, to explore the potential future of the art industry. In recent years, the industry has faced significant challenges, with the beginning of 2025 marked by widespread pessimism. The landscape was littered with gallery closures, dwindling buyer activity, scaled-back art fairs, and a sluggish secondary market. However, this narrative is more complex than it appears at first glance.

The decline in speculative investments has relieved some pressure, allowing for a more stable environment. By the end of 2025, the art market began to show signs of recovery. Notably, the fall auction week in New York and Art Basel Miami Beach surpassed expectations, indicating a resurgence. Major auction houses, Christie’s and Sotheby’s, reported increased sales projections, suggesting renewed vigor in the market.

This shift prompts a critical question: Has the art market undergone a permanent transformation following these tumultuous years? To address this, Kate Brown consults Marc Spiegler, who led Art Basel to significant growth from 2007 to 2022. Now, he advises on cultural strategy for major foundations and corporations and is involved in digital and experiential projects. Additionally, Spiegler is a longstanding Visiting Professor of cultural management at Università Bocconi and recently launched the Cultural Catalyst Project through his Art Market Minds Academy.

The discussion between Brown and Spiegler delves into what these changes mean for 2026 and beyond. With Spiegler’s expertise and experience, the conversation offers valuable insights into potential trends and shifts within the art world. As the industry braces for what lies ahead, enthusiasts and professionals alike remain watchful, anticipating how these developments will unfold.