The growing number of art fairs held globally in recent years has led to concerns the industry is beginning to suffer from " fairtigue " . “Fairtigue”—that special brand of weariness that afflicts the art industry as it makes an endless march through the convention centers of the world’s great cultural capitals, sustained by little more than alcohol, air kisses, and other people’s money—has been a worsening epidemic for years. 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 events have been forced to close 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 events have been forced to close due to the falling visitor numbers , including the most recent editions of Art Stage Singapore and Art Stage Jakarta .