Bifold Doors Market Growth, Industry Trends & Forecast 2022-2027 | IMARC Group
The global bifold doors market size reached US$ 9.32 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.78 Billion by 2027, exhibiting at a CAGR of 5.00% during 2022-2027, according to the latest report by IMARC Group.
Bifold doors are foldable doors that open and close by gliding and folding in parts. They possess a series of panels with various locking points and can be positioned in patios, gateways, and indoor and outdoor spaces. They are generally present in closet doors, flat panel doors, raised panel doors and room dividers for covering small spaces such as vinyl, unplasticized polyvinyl chloride (uPVC), aluminum, wood, fiberglass and glass. They also provide natural insulation, better durability, sound absorption and customizability(bifold doors market).
Global Bifold Doors Market Trends and Drivers:
The widespread growth in the construction industry and the increasing demand for efficient doors that provide high insulation and heat protection in offices and houses represent the primary factors driving the market. Bifold doors are widely used in residential, industrial and commercial areas due to their minimal maintenance requirements, cost-effectiveness and environment-friendliness. Additionally, the rising consumer preferences for conventional interiors and vigorous investments in home renovations are propelling the market growth.
Besides this, numerous innovations, such as the launch of bifold doors in artistic designs with high gloss finishing, are catalyzing the market growth. Furthermore, the manufacturers are developing high-quality doors with aesthetically appealing designs as per the customers’ requirements to expand their consumer base. Other growth-inducing factors are rising expenditure capacities of the customers, extensive infrastructural upgradation and rapid urbanization.
The report provides a comprehensive analysis of the industry key players listed below:
AG Millworks, Andersen Corporation, Clearview Bi-folding Doors Limited, Euramax Solutions Ltd., JELD-WEN Inc., Kloeber UK Ltd., LaCantina Doors, Marvin Lumber and Cedar Company, Nana Wall Systems Inc., Origin Frames Ltd., Pella Corporation, The Bi-Folding Door Company and TWR Trade Frames Limited.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The report provides detailed segmentation of the global bifold doors market based on region, material, application and end user.
Breakup by Material:
- Wood
- Metal
- Glass
- Vinyl
- Fiberglass
- Others
Breakup by Application:
- Interior Doors
- Exterior Doors
Breakup by End User:
- Residential
- Non-residential
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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