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Antiques and Art Dealers

Outlook

The economy has been on the rebound since the downturn in the early 2020s, and business is looking up for antiques and art dealers. High-end buyers of antiques and art are spending just as much as they ever have, especially since antiques and art can often present a more stable investment than the volatile stock market. Recessionary times also gave dealers more buying power, with jewelry, furniture, and other objects available at historically lower prices through estate sales and other venues. Thus, increased inventory, coupled with eager buyers with money to invest, paint a bright future for those interested in this career. The market research group IBISWorld reported industry revenue in the antiques stores industry grew at a compound annual rate of 6 percent from 2019 to 2024, and is expected to increase in market size through 2029. The projection is based on consumers' disposable income increasing and inflation decreasing during this period. This is good news for antiques and art dealers in the coming years.

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