JWD InfoLogistics (JWD) has moved into the art storage business with the launch of its new “Art Space” in downtown Bangkok. The facility, which is Thailand’s first integrated one-stop logistics services for artworks, is located on the 3rd floor of JWD Store It! Siam Branch.
Art Space’s selling point is a top quality storage area with 24-hour temperature and humidity control and a logistical service provided by a team of professional movers with more than 10 years of experience. Insurance coverage is included and a mobile app provides customers and interested members of the public with a communication channel and updates on information related to arts.
CEO Charvanin Bunditkitsada noted that the Art Space is being managed by JWD Art Space Compan, which is 99.99-percent owned by JWD InfoLogistics. It offers an integrated one-stop logistics service for artworks for the first time in Thailand and aims to fulfill the needs, and solve various pain points, for art and sculpture collectors who make up its primary target group. This will help the company to increase the proportion of B2C (business-to-consumer) customer base.
JWD Art Space has a serviceable floor space of 365 sqm and can to store up to 1,000 artworks. Every logistical aspect is covered including the transportation of artworks by a team of professionals from JVK Movers who have more than 10 years’ experience in this business, insurance coverage, storage of the artworks in a 24-hour temperature and humidity controlled area, highest security standards, exhibition space, and the possibility to serve as a gathering place for artists and art collectors.
Charvanin Bunditkitsada, CEO of JWD
“We JWD Store It! Siam Branch a year ago to provide personal storage space and saw the opportunity to add integrated one-stop logistical services for artworks for collectors who need proper space to store their valuable collections in the most ideal conditions. We added a data collection service to record details of artworks as well as storage spaces suitable to maintaining the artworks in mint condition, and also an artwork moving service of the highest standard,” Charvanin continued.
“We hope that our facility will soon become a regional art center that will bring together the contemporary art networkers both within the country and the region. And as this facility is located in the heart of the commercial district with convenient access, we are quite confident that this new line of business will be a success,” Mr. Charvanin said.
Charvanin said that the company has also developed a mobile application called “JWD Art Space” as a communication tool for customers to access the services that include booking artwork transport, updating storage status, and providing information on art exhibitions that are to be held both locally and abroad.
The company expects the Art Space business to generate Bt10-15 million annually.
The official launch on November 26 attracted a lot of interest with a large crowd of art collectors and artists attending the opening ceremony and expressing interest in using the service.
“Over the next three years, JWD is planning to invest in 15-20 additional branches of self-storage in mid-town areas to provide customers with convenient access. If the Art Space business is as profitable as we expect, we are prepared to set aside space at the self-storage branches to expand the Art Space business to support the increased need for this type of service,” he concluded.