Bifold Doors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Bifold Doors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global bifold doors market size reached US$ 10.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.62% during 2023-2028.

Bifold doors are foldable doors that open and close by sliding and folding in sections. They consist of a series of panels with multiple locking points and can be installed in gateways, patios and indoor and outdoor spaces. They are commonly available in room divider, closet door, raised panel door and flat panel door variants that are used for covering small spaces, such as pantries, wardrobes, laundry rooms and gardens. Bifold doors are manufactured using durable materials, such as wood, glass, vinyl, fiberglass, unplasticized polyvinyl chloride (uPVC) and aluminum. They offer natural insulation and enhanced durability, customizability and sound absorption. Bifold doors also have minimal maintenance requirements and are cost-effective and environmentally friendly. As a result, they are widely used for residential, commercial and industrial applications.

Bifold Doors Market Trends:
Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market. There is a rising requirement for efficient doors that offer high insulation and heat retention in houses and offices, which is leading to the widespread adoption of bifold doors. Moreover, the increasing consumer preference for modernized interior designs and extensive investments in home remodeling and renovation activities are providing a thrust to the market growth. Additionally, various product innovations, such as the launch of bifold doors in aesthetically appealing designs with high-gloss finishing, are acting as other growth-inducing factors. These premium quality bifold doors are customized as per the requirements of the consumer and are widely used in hotels and restaurants to enhance the overall ambiance of the enclosed space. Other factors, including rapid urbanization and increasing expenditure capacities of the consumers, along with extensive infrastructural development, especially in the developing economies, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bifold doors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report

1. What was the size of the global bifold doors market in 2022?
2. What is the expected growth rate of the global bifold doors market during 2023-2028?
3. What are the key factors driving the global bifold doors market?
4. What has been the impact of COVID-19 on the global bifold doors market?
5. What is the breakup of the global bifold doors market based on the material?
6. What is the breakup of the global bifold doors market based on the application?
7. What is the breakup of the global bifold doors market based on the end user?
8. What are the key regions in the global bifold doors market?
9. Who are the key players/companies in the global bifold doors market?