Europe's resurgent capital. Perrotin, Almine Rech, Mennour, Ropac Pantin. Art Basel Paris at the Grand Palais each October.
Paris has been the surprise winner of the post-Brexit reshuffle. Art Basel took over the city's flagship contemporary fair in 2022 (now Art Basel Paris, held at the Grand Palais each October), and the major French and international galleries have been expanding aggressively: Hauser & Wirth opened on Rue François 1er in 2023, David Zwirner expanded its Rue Vieille du Temple space, Mennour added a fifth Paris space, and Mariane Ibrahim, originally from Chicago, opened a Paris flagship in the Marais. The market that had been nicknamed "the cemetery of contemporary art" through the 2000s is now arguably the second city in Europe behind London, on a faster trajectory.
FIAC, the historical anchor, was replaced by Art Basel Paris, but Paris+ Photo (November), Drawing Now Art Fair (March), and Asia Now (October) still draw collectors. The auction calendar is anchored by Christie's, Sotheby's, and Artcurial — the leading French house, which dominates the mid-market.
The full pyramid is now back in Paris. Art Basel Paris regularly clears seven and eight-figure works in the opening hours; the mid-tier fairs and gallery shows transact in the €15k–€150k range; emerging primary work moves at €3,000–€15,000 across the Marais. Modern (Picasso, Léger, Sonia and Robert Delaunay) and post-war French (Soulages, Hartung, Mathieu, Calder's Paris years) remain Paris specialties at auction.
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