Tools commonly used in the Art Consultants (Retail) industry for day-to-day tasks and operations.

• Art valuation software
• Art inventory management software
• Art market research databases
• Digital image editing software
• Art appraisal tools
• Art authentication tools
• Art conservation tools
• Art shipping and handling equipment
• Art installation tools
• Art insurance software

Common products and services typical of NAICS Code 459920-01, illustrating the main business activities and contributions to the market.

• Contemporary art consulting
• Fine art consulting
• Corporate art consulting
• Art investment consulting
• Art collection management
• Art advisory services
• Art appraisal services
• Art conservation consulting
• Art insurance consulting
• Art shipping and handling services

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Art Appraisal Certification: This certification is required for art consultants who appraise art for insurance, tax, or other purposes. The American Society of Appraisers provides this certification.
• Certified Auctioneer: Art consultants who conduct auctions must have this certification. The National Auctioneers Association provides this certification.
• Sales Tax Permit: Art consultants must obtain a sales tax permit to sell art in the US. The permit is issued by the state government. No link available
• Business License: Art consultants must obtain a business license to operate legally in the US. The license is issued by the state government. No link available
• Federal Trade Commission (FTC) Regulations: Art consultants must comply with FTC regulations regarding advertising, marketing, and sales practices. The regulations are enforced by the FTC.

A concise historical narrative of NAICS Code 459920-01 covering global milestones and recent developments within the United States.

• The Art Consultants (Retail) industry has a long history dating back to the early 20th century when art dealers began to offer consulting services to their clients. In the 1960s, the industry experienced a significant shift as art consultants began to emerge as independent professionals. The industry continued to grow in the 1970s and 1980s as more people became interested in art collecting. In recent years, the industry has seen a rise in online art consulting services, which has made art consulting more accessible to a wider audience. In the United States, the industry has seen a surge in demand for art consulting services in the last decade, with more people seeking professional advice on art purchases and collection management.

The anticipated future trajectory of the NAICS 459920-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Art Consultants (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for art consulting services. The rise in disposable income and the growing interest in art among consumers are some of the factors driving the growth of the industry. Additionally, the increasing number of art collectors and the growing popularity of art auctions are expected to boost the industry's growth. The industry is also expected to benefit from the growing trend of online art sales. However, the industry may face challenges due to the increasing competition from online art marketplaces and the rising popularity of DIY art projects.

Recent groundbreaking advancements and milestones in the Art Consultants (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• Virtual Art Consultations: With the pandemic, many art consultants have started offering virtual consultations to their clients, allowing them to view and discuss art pieces from the comfort of their homes.
• Art Rental Services: Some art consultants have started offering art rental services, allowing clients to rent art pieces for a period of time instead of purchasing them outright.
• Art Investment Advice: Some art consultants have started offering investment advice to clients interested in investing in art, helping them make informed decisions about purchasing art pieces that may increase in value over time.
• Art Curation for Businesses: Some art consultants have started offering art curation services for businesses, helping them select and display art pieces that align with their brand and values.
• Sustainable Art Initiatives: Some art consultants have started promoting sustainable art initiatives, such as using eco-friendly materials and supporting artists who use sustainable practices in their work.