The latest research study “Bifold Doors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global bifold doors market size reached a value of 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.
Bifold doors, also known as sliding doors or room dividers, are foldable doors that open and close by sliding and folding in sections. They comprise a series of folding back-hinged frames and glass panels. These doors can be installed in patios, gateways, outdoor and indoor spaces, and covering areas like wardrobes, gardens, pantries, and laundry rooms. They also offer natural insulation, flexibility, low maintenance, enhanced security and durability, compactness, and enhanced accessibility. As a result, bifold doors are extensively utilized in industrial, commercial, and residential buildings.
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Bifold Doors Market Trends and Drivers:
The market is primarily driven by the increasing construction activities across the globe. Bifold doors are widely utilized to provide high insulation and heat retention in offices and houses. In addition, the rising consumer inclination toward modern interior design and extensive investments in home renovation and remodeling is accelerating the product adoption rate.
Moreover, several product innovations, including the introduction of bi-fold doors in aesthetically appealing designs with high-gloss finishing that enhance the ambiance of the enclosed space, represent another major growth-inducing factor.
Furthermore, the growing disposable incomes of consumers, rapid urbanization, and extensive infrastructural development in developing economies are other factors creating a positive market outlook across the globe.
Global Bifold Doors Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Bifold Doors Companies:
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.
The report has segmented the market on the basis of region, material, application and end user.
Breakup by Material:
· Wood
· Metal
· Glass
· Vinyl
· Fiberglass
· Other
Breakup by Application:
· Interior Doors
· Exterior Doors
Breakup by End User:
· Residential
· Non-residential
Breakup by Region:
· North America
o United States
o Canada
· Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
· Latin America
o Brazil
o Mexico
o 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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