Insights Into The Bifold Doors Market’s Growth Opportunities Through 2023-2032 – Includes Bifold Doors Market Share
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The growth in the construction industry are expected to drive innovation in bifold doors manufacturing, thus driving the market during the forecast period.
The global bifold doors market is expected to grow from $10.06 billion in 2022 to $10.66 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The bifold doors market size is expected to grow to $12.96 billion in 2027 at a CAGR of 5.0%.
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Global Bifold Doors Market Segments Include:
- By Type: French Doors, Sliding Pocket Doors, Sliding Patio Doors
- By Material: Wood, Metal, Glass, Vinyl, Fiberglass, Other Materials
- By Application: Interior Doors, Exterior Doors
- By End-User: Residential, Non-Residential
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global bifold doors market in 2021.
Major Market Players in the bifold doors market include Ply Gem Industries Inc., Nana Wall Systems Inc., AG Millworks, Pella Corporation, TWR Trade Frames Ltd., Andersen Corporation, The Folding Sliding Door Company.
Product innovations have emerged as a key trend gaining popularity in the bifold doors market. Major companies operating in the bifold doors sector are focused on innovative products to reinforce their position. For instance, in September 2021, Sheerline, a UK-based manufacturing company that provides aluminum windows, doors, bi-folds, and roof lanterns, launched the Prestige bi-folds. In comparison to comparable aluminum bi-folds that use polyamide thermal breaks, it is equipped with Sheerline’s multi-chambered Thermlock technology, which guarantees improved thermal performance. The innovative series of bi-fold doors from Sheerline Prestige integrates innovation, sustainability, aesthetics, and security.
The Bifold Doors Global Market Report 2023 provides a bifold doors market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bifold doors market forecast analyzes bifold doors market size, bifold doors market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Bifold doors are sliding doors that are constructed using a number of panels that fold in or out to open up space. Bi-fold doors are used to connect the establishment rooms to a shared outside area, such as the garden or the main entrance. These doors can also be used to divide space between rooms or within the same room.
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