Big Art Fairs Proliferate (But Can The Market Sustain Them?)

“The explosion in the number of art fairs is the most significant change in the market since the turn of the century. The numbers tell the story: in 1970, there were just three main events (Cologne, Basel and the Brussels-based Art Actuel). But the number has mushroomed in the past decade: from 68 in 2005 to 189 in 2011.”