Art Collecting

The Contemporary Art Movements That Defined 2025

By Stefanos Moschopoulos4 min

From neo-expressionism to figurative revival, the movements that shaped contemporary art's biggest sales last year — and the ones collectors are watching now.

AuthorStefanos Moschopoulos
Published10 April 2026
Read4 min
SectionArt Collecting
Contemporary Art

The years 2024 and 2025 reshaped how we think about contemporary art. The market correction that began in late 2023 forced a sharper question on collectors. What are we actually buying when we buy a contemporary work, and which of today's movements will still read as serious five or ten years from now?

In our coverage we returned to that question every season, and three answers kept surfacing.

What follows is the magazine's read on the contemporary movements that defined 2025: where the cultural energy sat, where the auction-house attention concentrated, and which artists pushed the conversations forward. The Art Basel and UBS Global Art Market Report 2025 placed total sales at roughly $57.5 billion, a softer year overall, but the redistribution within that figure tells the more interesting story.

Figurative painting returns to the centre

The most visible movement of 2025 was the continued ascent of figurative painting. After two decades in which abstraction and conceptual work dominated the contemporary conversation, the figure came back hard, and the auction record book made the point repeatedly.

Jadé Fadojutimi, Christina Quarles, Salman Toor, Lynette Yiadom-Boakye, Jenna Gribbon, and a tier of younger painters working with the figure each pushed multiple lots through Christie's, Sotheby's, and Phillips contemporary evening sales above $500,000. Gribbon, in particular, set a new auction high at Sotheby's London in March 2025 for a domestic interior with figure that cleared estimate by a multiple.

The galleries representing these artists, Pace, David Zwirner, Hauser & Wirth, Lisson, kept exhibition calendars consistently sold out before opening.

Behind the headline names sat a deeper structural movement. Painting departments at MoMA, Tate Modern, and the Centre Pompidou added figurative work at a rate the institutions had not matched since the 1990s, and the museum acquisitions create the durability that secondary buyers price into the work.

The new realism and post-internet figuration

The second defining movement was harder to name cleanly, but it was unmistakable in the gallery shows. We have been calling it post-internet figuration. The work draws on photographic and digital source material, treats colour and light with the saturation of screens, and uses figuration to address identity, intimacy, and the texture of contemporary life rather than the heroic or historical subjects that earlier figurative waves preferred.

Salman Toor, Tschabalala Self, Ewa Juszkiewicz, and Issy Wood anchored the conversation. Wood's work in particular crossed from gallery success into serious museum interest through 2025, with acquisitions by the Whitney and the Hammer Museum, and her secondary-market pricing now sits squarely in blue-chip territory for her generation.

The galleries built the careers carefully. Limited primary supply, structured waitlists, museum placements before secondary releases, and a slow rather than fast secondary market. That discipline is now paying off in the durability of the prices.

The Basquiat reference point and post-graffiti

2025 also clarified how much the contemporary market still oriented itself around Jean-Michel Basquiat. The Basquiat works that defined the market through the decade continued setting the structural reference points for what late-1980s post-graffiti material could clear. The Untitled (1982) skull painting at Sotheby's New York in May 2017 cleared $110.5 million, and that result is still the anchor every cataloguer reaches for when pricing post-graffiti material.

Around Basquiat, a wider post-graffiti and street-influenced tier consolidated through 2025. KAWS, Banksy, Kenny Scharf, and a younger group working in graphic painting traditions all held primary and secondary markets that the wider correction barely touched. Phillips in particular leaned into the category, building dedicated New Now sales that surfaced fresh material at accessible price points and channelled buyers into the deeper artists.

The conceptual and minimalist revival

The fourth movement was the quiet return of conceptual and minimalist work to serious collector attention. After roughly fifteen years in which the figure dominated, 2025 saw a meaningful shift in how museums and serious collectors talked about post-war abstraction and conceptualism.

The blue-chip names anchored it: Agnes Martin retrospectives at MoMA and the Pompidou, Carmen Herrera's continued ascent through her 100s, the Hilma af Klint shows that drew the largest museum-modern audiences of the year. Auction results followed. Martin sold above $20 million at Christie's in November 2024, and Herrera and af Klint continued to push secondary records.

The pattern matters for collectors. The minimalist-conceptual revival is institutionally driven, museum-acquired, and curatorially serious. That is the pattern that produces the durable pricing.

Where the conversation actually lives

Across all four movements, the cultural conversation around contemporary art in 2025 lived in three places: Art Basel and its sister fairs (Miami Beach, Hong Kong, Paris), the September and November evening sales at Christie's and Sotheby's New York, and the gallery dinners that bracket them. Frieze London and Frieze New York continued to set the discovery tone for younger artists; Art Basel Paris in October crystallised the European institutional view.

The Hiscox Online Art Trade Report 2025 confirmed that online sales of contemporary work above $50,000 grew through the year, but the seven and eight-figure works still moved through the rooms.

What this means for collectors

The four movements that defined 2025, figurative painting, post-internet figuration, the post-graffiti tier, and the minimalist-conceptual revival, all share a structural feature. Each is institutionally engaged. Museum acquisitions, serious curatorial attention, and gallery careful primary-market discipline anchor the secondary pricing in each case.

For collectors building contemporary depth after the correction, that institutional alignment is the screen we apply first. The artists with serious museum attention in 2025 are the ones whose secondary markets will hold through the next cycle. The names without it are the ones to be cautious about.

We last reviewed this analysis in May 2026.

Frequently Asked Questions

Which contemporary art movement has the highest ROI?
Digital Art currently leads with average ROI between 12% and 18% annually for top-tier artists. Street Art and Abstract Expressionism follow closely, with stable returns between 8% and 12% depending on artist and provenance.<br><br>
How much do contemporary artworks cost on average?
Entry-level contemporary pieces range from $10,000 to $50,000, while blue-chip works can exceed $1 million, especially if tied to major exhibitions or artists with auction records.<br><br>
Is Digital Art still a good investment after the NFT crash?
Yes—if focused on artist-led, concept-driven works with curatorial or institutional validation. The speculative layer has cooled, but serious digital artists continue to perform well in both primary and secondary markets.<br><br>
Which artists should new investors watch in 2025?
Emerging investors should track names like Refik Anadol (New Media), Tyler Hobbs (Generative Art), Tschabalala Self (Postmodernism), and JR (Street Art)—all showing strong collector interest and institutional growth.<br><br>
Are contemporary art investments liquid?
Liquidity varies. Editions and prints (especially in Street and Digital Art) are more liquid, while installation-based or experiential works require private resale, often with curatorial facilitation.<br>
Stefanos Moschopoulos
About the author

Stefanos Moschopoulos

Founder & Editorial Director

Stefanos Moschopoulos founded The Luxury Playbook in Athens and has spent the better part of a decade following the auction calendar, the en primeur releases, and the watchmakers, gallerists, and shipyards the magazine covers. He writes the field guides and listicles that anchor the Connoisseur section — pieces built on Phillips and Christie's results, Liv-ex movements, and conversations with collectors he has met across Geneva, Bordeaux, Basel, and Monaco. His own collecting habits sit closer to watches and wine than art, and it shows in the level of detail in the magazine's coverage of those categories. Under his direction, The Luxury Playbook now publishes long-form field guides, market-defining year-end listicles, and the Voices interview series with the founders behind the houses and the brands.

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