Ten companies from China and six from India are all vertically integrated jewelry retailers, highlighting the significance of China and India as global leaders in gold and jewelry consumption markets.

In 2022, the luxury hotel industry ranked first in the list of transactions by category with 98 acquisitions, an increase of 16 compared to the previous year.

It is the first Middle Eastern luxury company in the list, with annual sales of US$289 million and a 32.6% growth rate.

There were 11 companies from China in the Top 100.