Mexico Automotive Sunroof Market Report by Type (Built-in Sunroof System, Tilt and Slide Sunroof System, Panoramic Sunroof System, and Others), Material (Glass, Fabric, and Others), Operation (Automatic, Manually Operated), Vehicle Type (Mid-range Vehicles, Premium and Luxury Vehicles), Distribution Channel (Original Equipment Manufacturers, Aftermarket), and Region 2026-2034
The Mexico automotive sunroof market size reached USD 175.8 Million in 2025 . Looking forward, IMARC Group expects the market to reach USD 318.9 Million by 2034 , exhibiting a growth rate (CAGR) of 6.63% during 2026-2034 . The market is driven by the rising consumer demand for luxury features, increasing vehicle production, advancements in sunroof technology, and growing preferences for enhanced driving experiences that include better ventilation, natural light, and a premium aesthetic.
MEXICO AUTOMOTIVE SUNROOF MARKET TRENDS:
Rising Demand for Premium Vehicles
The rising requirement for premium and luxury vehicles is primarily driving the Mexico automotive sunroof market. This can be attributed to the evolving standard of living and rising disposable incomes of consumers, which have enabled more consumers in the country to seek high-end features in their cars, including sunroofs. Additionally, the younger demographic, who are more influenced by trends and technology, are particularly interested in vehicles equipped with modern amenities such as panoramic sunroofs. For instance, in May 2024, AISIN Corporation, Mitsubishi Electric Corporation, and Mitsubishi Electric Mobility Corporation announced that they have formed a joint venture focused on products for next-generation electric vehicles (EVs). This new company will develop, produce, and sell components like traction motors, power converters, and control software for battery EVs and plug-in hybrid vehicles. The joint venture aims to leverage Mitsubishi Electric’s expertise in power electronics and motor technologies, Mitsubishi Electric Mobility’s experience in vehicle electrification, and AISIN’s range of electric units. Such partnerships support the shift toward premium and luxury EVs, catering to the growing consumer desire for comfort, style, and advanced technology, including features like panoramic sunroofs.
Growth in Automotive Manufacturing and Exports
The robust growth in Mexico's automotive manufacturing sector and its role as a major export hub for vehicles have positively impacted the sunroof market. For instance, according to industry reports, the Mexican automotive industry is evolving rapidly, particularly in its shift toward electromobility. By 2025, Mexico is expected to become the 5th largest global vehicle producer. The industry employs over 1 million professionals, including 300 R&D centers, with 87% of production being exported, primarily to the U.S. Mexico is also the 4th largest global vehicle exporter and the 4th largest producer of auto parts, with significant exports to the U.S. and a growing presence from Chinese suppliers. As a leading manufacturer for global automakers, Mexico's automotive industry benefits from the increased production of vehicles equipped with sunroofs for both domestic consumption and export.
MEXICO AUTOMOTIVE SUNROOF MARKET SEGMENTATION:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2026-2034. Our report has categorized the market based on type, material, operation, vehicle type, and distribution channel.
Type Insights:
Material Insights:
Operation Insights:
Vehicle Type Insights:
Distribution Channel Insights:
Regional Insights:
COMPETITIVE LANDSCAPE:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
KEY QUESTIONS ANSWERED IN THIS REPORT
MEXICO AUTOMOTIVE SUNROOF MARKET TRENDS:
Rising Demand for Premium Vehicles
The rising requirement for premium and luxury vehicles is primarily driving the Mexico automotive sunroof market. This can be attributed to the evolving standard of living and rising disposable incomes of consumers, which have enabled more consumers in the country to seek high-end features in their cars, including sunroofs. Additionally, the younger demographic, who are more influenced by trends and technology, are particularly interested in vehicles equipped with modern amenities such as panoramic sunroofs. For instance, in May 2024, AISIN Corporation, Mitsubishi Electric Corporation, and Mitsubishi Electric Mobility Corporation announced that they have formed a joint venture focused on products for next-generation electric vehicles (EVs). This new company will develop, produce, and sell components like traction motors, power converters, and control software for battery EVs and plug-in hybrid vehicles. The joint venture aims to leverage Mitsubishi Electric’s expertise in power electronics and motor technologies, Mitsubishi Electric Mobility’s experience in vehicle electrification, and AISIN’s range of electric units. Such partnerships support the shift toward premium and luxury EVs, catering to the growing consumer desire for comfort, style, and advanced technology, including features like panoramic sunroofs.
Growth in Automotive Manufacturing and Exports
The robust growth in Mexico's automotive manufacturing sector and its role as a major export hub for vehicles have positively impacted the sunroof market. For instance, according to industry reports, the Mexican automotive industry is evolving rapidly, particularly in its shift toward electromobility. By 2025, Mexico is expected to become the 5th largest global vehicle producer. The industry employs over 1 million professionals, including 300 R&D centers, with 87% of production being exported, primarily to the U.S. Mexico is also the 4th largest global vehicle exporter and the 4th largest producer of auto parts, with significant exports to the U.S. and a growing presence from Chinese suppliers. As a leading manufacturer for global automakers, Mexico's automotive industry benefits from the increased production of vehicles equipped with sunroofs for both domestic consumption and export.
MEXICO AUTOMOTIVE SUNROOF MARKET SEGMENTATION:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2026-2034. Our report has categorized the market based on type, material, operation, vehicle type, and distribution channel.
Type Insights:
- Built-in Sunroof System
- Tilt and Slide Sunroof System
- Panoramic Sunroof System
- Others
Material Insights:
- Glass
- Fabric
- Others
Operation Insights:
- Automatic
- Manually Operated
Vehicle Type Insights:
- Mid-range Vehicles
- Premium and Luxury Vehicles
Distribution Channel Insights:
- Original Equipment Manufacturers
- Aftermarket
Regional Insights:
- Northern States
- Central States
- Southern States
COMPETITIVE LANDSCAPE:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
KEY QUESTIONS ANSWERED IN THIS REPORT
- How has the Mexico automotive sunroof market performed so far and how will it perform in the coming years?
- What is the breakup of the Mexico automotive sunroof market on the basis of type?
- What is the breakup of the Mexico automotive sunroof market on the basis of material?
- What is the breakup of the Mexico automotive sunroof market on the basis of operation?
- What is the breakup of the Mexico automotive sunroof market on the basis of vehicle type?
- What is the breakup of the Mexico automotive sunroof market on the basis of distribution channel?
- What are the various stages in the value chain of the Mexico automotive sunroof market?
- What are the key driving factors and challenges in the Mexico automotive sunroof?
- What is the structure of the Mexico automotive sunroof market and who are the key players?
- What is the degree of competition in the Mexico automotive sunroof market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 MEXICO AUTOMOTIVE SUNROOF MARKET – INTRODUCTION
4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 MEXICO AUTOMOTIVE SUNROOF MARKET LANDSCAPE
5.1 Historical and Current Market Trends (2020-2025)
5.2 Market Forecast (2026-2034)
6 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY TYPE
6.1 Built-in Sunroof System
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2020-2025)
6.1.3 Market Forecast (2026-2034)
6.1.4 Market Breakup by Material
6.1.5 Market Breakup by Operation
6.1.6 Market Breakup by Vehicle Type
6.1.7 Market Breakup by Distribution Channel
6.2 Tilt and Slide Sunroof System
6.2.1 Overview
6.2.2 Historical and Current Market Trends (2020-2025)
6.2.3 Market Forecast (2026-2034)
6.2.4 Market Breakup by Material
6.2.5 Market Breakup by Operation
6.2.6 Market Breakup by Vehicle Type
6.2.7 Market Breakup by Distribution Channel
6.3 Panoramic Sunroof System
6.3.1 Overview
6.3.2 Historical and Current Market Trends (2020-2025)
6.3.3 Market Forecast (2026-2034)
6.3.4 Market Breakup by Material
6.3.5 Market Breakup by Operation
6.3.6 Market Breakup by Vehicle Type
6.3.7 Market Breakup by Distribution Channel
6.4 Others
6.4.1 Overview
6.4.2 Historical and Current Market Trends (2020-2025)
6.4.3 Market Forecast (2026-2034)
6.5 Attractive Investment Proposition by Type
7 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY MATERIAL
7.1 Glass
7.1.1 Overview
7.1.2 Historical and Current Market Trends (2020-2025)
7.1.3 Market Forecast (2026-2034)
7.1.4 Market Breakup by Type
7.1.5 Market Breakup by Operation
7.1.6 Market Breakup by Vehicle Type
7.1.7 Market Breakup by Distribution Channel
7.2 Fabric
7.2.1 Overview
7.2.2 Historical and Current Market Trends (2020-2025)
7.2.3 Market Forecast (2026-2034)
7.2.4 Market Breakup by Type
7.2.5 Market Breakup by Operation
7.2.6 Market Breakup by Vehicle Type
7.2.7 Market Breakup by Distribution Channel
7.3 Others
7.3.1 Overview
7.3.2 Historical and Current Market Trends (2020-2025)
7.3.3 Market Forecast (2026-2034)
7.4 Attractive Investment Proposition by Material
8 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY OPERATION
8.1 Automatic
8.1.1 Overview
8.1.2 Historical and Current Market Trends (2020-2025)
8.1.3 Market Forecast (2026-2034)
8.1.4 Market Breakup by Type
8.1.5 Market Breakup by Material
8.1.6 Market Breakup by Vehicle Type
8.1.7 Market Breakup by Distribution Channel
8.2 Manually Operated
8.2.1 Overview
8.2.2 Historical and Current Market Trends (2020-2025)
8.2.3 Market Forecast (2026-2034)
8.2.4 Market Breakup by Type
8.2.5 Market Breakup by Material
8.2.6 Market Breakup by Vehicle Type
8.2.7 Market Breakup by Distribution Channel
8.3 Attractive Investment Proposition by Operation
9 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY VEHICLE TYPE
9.1 Mid-range Vehicles
9.1.1 Overview
9.1.2 Historical and Current Market Trends (2020-2025)
9.1.3 Market Forecast (2026-2034)
9.1.4 Market Breakup by Type
9.1.5 Market Breakup by Material
9.1.6 Market Breakup by Operation
9.1.7 Market Breakup by Distribution Channel
9.2 Premium and Luxury Vehicles
9.2.1 Overview
9.2.2 Historical and Current Market Trends (2020-2025)
9.2.3 Market Forecast (2026-2034)
9.2.4 Market Breakup by Type
9.2.5 Market Breakup by Material
9.2.6 Market Breakup by Operation
9.2.7 Market Breakup by Distribution Channel
9.3 Attractive Investment Proposition by Vehicle Type
10 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY DISTRIBUTION CHANNEL
10.1 Original Equipment Manufacturers
10.1.1 Overview
10.1.2 Historical and Current Market Trends (2020-2025)
10.1.3 Market Forecast (2026-2034)
10.1.4 Market Breakup by Type
10.1.5 Market Breakup by Material
10.1.6 Market Breakup by Operation
10.1.7 Market Breakup by Vehicle Type
10.2 Aftermarket
10.2.1 Overview
10.2.2 Historical and Current Market Trends (2020-2025)
10.2.3 Market Forecast (2026-2034)
10.2.4 Market Breakup by Type
10.2.5 Market Breakup by Material
10.2.6 Market Breakup by Operation
10.2.7 Market Breakup by Vehicle Type
10.3 Attractive Investment Proposition by Distribution Channel
11 MEXICO AUTOMOTIVE SUNROOF MARKET – BREAKUP BY REGION
11.1 Northern States
11.1.1 Market Drivers
11.1.2 Historical and Current Market Trends (2020-2025)
11.1.3 Market Breakup by Type
11.1.4 Market Breakup by Material
11.1.5 Market Breakup by Operation
11.1.6 Market Breakup by Vehicle Type
11.1.7 Market Breakup by Distribution Channel
11.1.8 Key Players
11.1.9 Market Forecast (2026-2034)
11.2 Central States
11.2.1 Market Drivers
11.2.2 Historical and Current Market Trends (2020-2025)
11.2.3 Market Breakup by Type
11.2.4 Market Breakup by Material
11.2.5 Market Breakup by Operation
11.2.6 Market Breakup by Vehicle Type
11.2.7 Market Breakup by Distribution Channel
11.2.8 Key Players
11.2.9 Market Forecast (2026-2034)
11.3 Southern States
11.3.1 Market Drivers
11.3.2 Historical and Current Market Trends (2020-2025)
11.3.3 Market Breakup by Type
11.3.4 Market Breakup by Material
11.3.5 Market Breakup by Operation
11.3.6 Market Breakup by Vehicle Type
11.3.7 Market Breakup by Distribution Channel
11.3.8 Key Players
11.3.9 Market Forecast (2026-2034)
11.4 Attractive Investment Proposition by Region
12 MARKET DYNAMICS
12.1 Market Driving Factors
12.2 Market Restraining Factors
12.3 Market Opportunities
13 KEY TECHNOLOGICAL TRENDS & DEVELOPMENT
14 RECENT INDUSTRY NEWS
15 PORTERS FIVE FORCES ANALYSIS
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 VALUE CHAIN ANALYSIS
17 MEXICO AUTOMOTIVE SUNROOF MARKET – COMPETITIVE LANDSCAPE
17.1 Overview
17.2 Market Structure
17.3 Market Share by Key Players
17.4 Market Player Positioning
17.5 Top Winning Strategies
17.6 Competitive Dashboard
17.7 Company Evaluation Quadrant
18 COMPETITIVE LANDSCAPE
18.1 Company A
18.1.1 Business Overview
18.1.2 Products Offered
18.1.3 Business Strategies
18.1.4 SWOT Analysis
18.1.5 Major News and Events
18.2 Company B
18.2.1 Business Overview
18.2.2 Products Offered
18.2.3 Business Strategies
18.2.4 SWOT Analysis
18.2.5 Major News and Events
18.3 Company C
18.3.1 Business Overview
18.3.2 Products Offered
18.3.3 Business Strategies
18.3.4 SWOT Analysis
18.3.5 Major News and Events
18.4 Company D
18.4.1 Business Overview
18.4.2 Products Offered
18.4.3 Business Strategies
18.4.4 SWOT Analysis
18.4.5 Major News and Events
18.5 Company E
18.5.1 Business Overview
18.5.2 Products Offered
18.5.3 Business Strategies
18.5.4 SWOT Analysis
18.5.5 Major News and Events
19 STRATEGIC RECOMMENDATIONS
20 APPENDIX
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 MEXICO AUTOMOTIVE SUNROOF MARKET – INTRODUCTION
4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 MEXICO AUTOMOTIVE SUNROOF MARKET LANDSCAPE
5.1 Historical and Current Market Trends (2020-2025)
5.2 Market Forecast (2026-2034)
6 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY TYPE
6.1 Built-in Sunroof System
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2020-2025)
6.1.3 Market Forecast (2026-2034)
6.1.4 Market Breakup by Material
6.1.5 Market Breakup by Operation
6.1.6 Market Breakup by Vehicle Type
6.1.7 Market Breakup by Distribution Channel
6.2 Tilt and Slide Sunroof System
6.2.1 Overview
6.2.2 Historical and Current Market Trends (2020-2025)
6.2.3 Market Forecast (2026-2034)
6.2.4 Market Breakup by Material
6.2.5 Market Breakup by Operation
6.2.6 Market Breakup by Vehicle Type
6.2.7 Market Breakup by Distribution Channel
6.3 Panoramic Sunroof System
6.3.1 Overview
6.3.2 Historical and Current Market Trends (2020-2025)
6.3.3 Market Forecast (2026-2034)
6.3.4 Market Breakup by Material
6.3.5 Market Breakup by Operation
6.3.6 Market Breakup by Vehicle Type
6.3.7 Market Breakup by Distribution Channel
6.4 Others
6.4.1 Overview
6.4.2 Historical and Current Market Trends (2020-2025)
6.4.3 Market Forecast (2026-2034)
6.5 Attractive Investment Proposition by Type
7 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY MATERIAL
7.1 Glass
7.1.1 Overview
7.1.2 Historical and Current Market Trends (2020-2025)
7.1.3 Market Forecast (2026-2034)
7.1.4 Market Breakup by Type
7.1.5 Market Breakup by Operation
7.1.6 Market Breakup by Vehicle Type
7.1.7 Market Breakup by Distribution Channel
7.2 Fabric
7.2.1 Overview
7.2.2 Historical and Current Market Trends (2020-2025)
7.2.3 Market Forecast (2026-2034)
7.2.4 Market Breakup by Type
7.2.5 Market Breakup by Operation
7.2.6 Market Breakup by Vehicle Type
7.2.7 Market Breakup by Distribution Channel
7.3 Others
7.3.1 Overview
7.3.2 Historical and Current Market Trends (2020-2025)
7.3.3 Market Forecast (2026-2034)
7.4 Attractive Investment Proposition by Material
8 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY OPERATION
8.1 Automatic
8.1.1 Overview
8.1.2 Historical and Current Market Trends (2020-2025)
8.1.3 Market Forecast (2026-2034)
8.1.4 Market Breakup by Type
8.1.5 Market Breakup by Material
8.1.6 Market Breakup by Vehicle Type
8.1.7 Market Breakup by Distribution Channel
8.2 Manually Operated
8.2.1 Overview
8.2.2 Historical and Current Market Trends (2020-2025)
8.2.3 Market Forecast (2026-2034)
8.2.4 Market Breakup by Type
8.2.5 Market Breakup by Material
8.2.6 Market Breakup by Vehicle Type
8.2.7 Market Breakup by Distribution Channel
8.3 Attractive Investment Proposition by Operation
9 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY VEHICLE TYPE
9.1 Mid-range Vehicles
9.1.1 Overview
9.1.2 Historical and Current Market Trends (2020-2025)
9.1.3 Market Forecast (2026-2034)
9.1.4 Market Breakup by Type
9.1.5 Market Breakup by Material
9.1.6 Market Breakup by Operation
9.1.7 Market Breakup by Distribution Channel
9.2 Premium and Luxury Vehicles
9.2.1 Overview
9.2.2 Historical and Current Market Trends (2020-2025)
9.2.3 Market Forecast (2026-2034)
9.2.4 Market Breakup by Type
9.2.5 Market Breakup by Material
9.2.6 Market Breakup by Operation
9.2.7 Market Breakup by Distribution Channel
9.3 Attractive Investment Proposition by Vehicle Type
10 MEXICO AUTOMOTIVE SUNROOF MARKET - BREAKUP BY DISTRIBUTION CHANNEL
10.1 Original Equipment Manufacturers
10.1.1 Overview
10.1.2 Historical and Current Market Trends (2020-2025)
10.1.3 Market Forecast (2026-2034)
10.1.4 Market Breakup by Type
10.1.5 Market Breakup by Material
10.1.6 Market Breakup by Operation
10.1.7 Market Breakup by Vehicle Type
10.2 Aftermarket
10.2.1 Overview
10.2.2 Historical and Current Market Trends (2020-2025)
10.2.3 Market Forecast (2026-2034)
10.2.4 Market Breakup by Type
10.2.5 Market Breakup by Material
10.2.6 Market Breakup by Operation
10.2.7 Market Breakup by Vehicle Type
10.3 Attractive Investment Proposition by Distribution Channel
11 MEXICO AUTOMOTIVE SUNROOF MARKET – BREAKUP BY REGION
11.1 Northern States
11.1.1 Market Drivers
11.1.2 Historical and Current Market Trends (2020-2025)
11.1.3 Market Breakup by Type
11.1.4 Market Breakup by Material
11.1.5 Market Breakup by Operation
11.1.6 Market Breakup by Vehicle Type
11.1.7 Market Breakup by Distribution Channel
11.1.8 Key Players
11.1.9 Market Forecast (2026-2034)
11.2 Central States
11.2.1 Market Drivers
11.2.2 Historical and Current Market Trends (2020-2025)
11.2.3 Market Breakup by Type
11.2.4 Market Breakup by Material
11.2.5 Market Breakup by Operation
11.2.6 Market Breakup by Vehicle Type
11.2.7 Market Breakup by Distribution Channel
11.2.8 Key Players
11.2.9 Market Forecast (2026-2034)
11.3 Southern States
11.3.1 Market Drivers
11.3.2 Historical and Current Market Trends (2020-2025)
11.3.3 Market Breakup by Type
11.3.4 Market Breakup by Material
11.3.5 Market Breakup by Operation
11.3.6 Market Breakup by Vehicle Type
11.3.7 Market Breakup by Distribution Channel
11.3.8 Key Players
11.3.9 Market Forecast (2026-2034)
11.4 Attractive Investment Proposition by Region
12 MARKET DYNAMICS
12.1 Market Driving Factors
12.2 Market Restraining Factors
12.3 Market Opportunities
13 KEY TECHNOLOGICAL TRENDS & DEVELOPMENT
14 RECENT INDUSTRY NEWS
15 PORTERS FIVE FORCES ANALYSIS
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 VALUE CHAIN ANALYSIS
17 MEXICO AUTOMOTIVE SUNROOF MARKET – COMPETITIVE LANDSCAPE
17.1 Overview
17.2 Market Structure
17.3 Market Share by Key Players
17.4 Market Player Positioning
17.5 Top Winning Strategies
17.6 Competitive Dashboard
17.7 Company Evaluation Quadrant
18 COMPETITIVE LANDSCAPE
18.1 Company A
18.1.1 Business Overview
18.1.2 Products Offered
18.1.3 Business Strategies
18.1.4 SWOT Analysis
18.1.5 Major News and Events
18.2 Company B
18.2.1 Business Overview
18.2.2 Products Offered
18.2.3 Business Strategies
18.2.4 SWOT Analysis
18.2.5 Major News and Events
18.3 Company C
18.3.1 Business Overview
18.3.2 Products Offered
18.3.3 Business Strategies
18.3.4 SWOT Analysis
18.3.5 Major News and Events
18.4 Company D
18.4.1 Business Overview
18.4.2 Products Offered
18.4.3 Business Strategies
18.4.4 SWOT Analysis
18.4.5 Major News and Events
18.5 Company E
18.5.1 Business Overview
18.5.2 Products Offered
18.5.3 Business Strategies
18.5.4 SWOT Analysis
18.5.5 Major News and Events
19 STRATEGIC RECOMMENDATIONS
20 APPENDIX
