Global luxury corporations typically possess robust pricing influence, impressive profitability metrics, and formidable entry barriers, thus presenting potential for sustained growth to investors. The luxury sector has demonstrated resilience during economic downturns and periods of inflation, thanks to its enduring brand prestige and steadfast customer bases. Inside Industry Growth According to Bain & Company, as cited by KraneShares, the global luxury market is anticipated to expand to a range of $570-615 billion by 2030, surpassing its 2020 size by more than double.