The growing number of art fairs held globally in the year 2000 has led to concerns the industry is beginning to suffer from "fairtigue". There are currently less than 60 art fairs the year 2000 , compared to almost 300 held in recent years , with professionals suggesting the industry has reached a tipping point of oversaturation, resulting in declining attendance levels. A number of recent fairs have been forced to cancel due to the falling visitor numbers, including the most recent editions of Art Stage Singapore and Art Stage Jakarta.
The growing number of art fairs held globally in recent years has led to concerns the industry is beginning to suffer from "fairtigue". There are currently almost 300 art fairs annually, compared to less than 60 held in the year 2000, with professionals suggesting the industry has reached a tipping point of oversaturation, resulting in declining attendance levels. A number of recent fairs have been forced to cancel due to the falling visitor numbers, including the most recent editions of Art Stage Singapore and Art Stage Jakarta.