Arts markets is a research field within cultural economics and sociology studying the economic systems governing the creation, distribution, valuation, and exchange of artistic goods and services. This academic concept investigates the specific mechanisms, institutions, and dynamics through which art is bought, sold, and traded, such as galleries, auctions, and online platforms, emphasizing the complex interplay between aesthetic value, cultural significance, and economic forces. Its significance lies in providing critical insights into the intersection of creativity and commerce, informing stakeholders like artists, collectors, and investors, and contributing to the broader understanding of the "orange economy."