Thailand Art and Sculpture Market revenue size is projected to grow at a CAGR of 8.4% during 2025-2031

Galleries by Sales Channel held the highest revenue share in Thailand Art and Sculpture Market -6Wresearch

Galleries held the largest revenue share in Thailand’s art and sculpture market, supported by their established role as primary platforms for both domestic and international art transactions. Concentrated in major cultural centers such as Bangkok, Chiang Mai, and Phuket, galleries offered curated exhibitions, artist collaborations, and provenance assurance—key factors attracting affluent collectors, hotel developers, and institutional buyers. Their ability to blend cultural authenticity with modern presentation standards, along with participation in regional art events and partnerships with hospitality projects, further reinforced their dominance over online and auction-based channels.

According to 6Wresearch, Thailand Art and Sculpture Market revenue size is projected to grow at a CAGR of 8.4% during 2025-2031. Between 2021 and 2024, Thailand art and sculpture market experienced steady growth, driven by a combination of government initiatives, tourism resurgence, and rising investments in hospitality and residential sectors. Government policies, including tax deductions for art purchases introduced in 2025 and a fund to support art projects, encouraged both production and acquisition of artworks, contributing to a gross value added in 2023, up from 2021, and a creative industry contribution to GDP in 2023.

Further, the tourism sector played a pivotal role, with events such as the Bangkok Art Biennale drawing visitors in early 2024 and total attendance of visitors in 2022, showcasing Thai art and sculptures to both domestic and international audiences. Meanwhile, the rapid expansion of Thailand’s hospitality sector, including hotel rooms in Bangkok and Phuket by 2024, increased demand for decorative and culturally inspired artworks, while the residential sector drove adoption of interior and landscape installations in premium housing project.

According to Sumit, Senior Research Analyst, 6Wresearch, Artifacts accounted for the largest revenue share in Thailand’s art and sculpture market, supported by strong domestic demand for traditional crafts and culturally inspired décor pieces. Handcrafted artifacts reflecting Thai heritage found extensive use in boutique hotels, temples, and luxury residences. The growing preference for locally made, sustainable, and symbolic art forms—often blending traditional craftsmanship with modern design—drove their popularity among collectors, interior designers, and hospitality developers seeking authentic expressions of Thai culture and identity.

Thailand Art and Sculpture Market (2025-2031) report provides an in-depth analysis with 21 figures and 8 tables, covered in 75 pages. The report thoroughly covers the market by Type, End-User, and Sales Channel. The Thailand Art and Sculpture Market outlook report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.