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Global Bifold Doors Market to reach USD 18.88 billion by the end of 2029.

Global Bifold Doors Market Size study & Forecast, by Material (Wood, Metal, Glass, Vinyl, Fiberglass, and Others), by Application (Interior Doors and Exteriors Doors), and by End User (Residential and Nonresidential) and Regional Analysis, 2022-2029

Product Code: OIRHG-12398780
Publish Date: 17-10-2022
Page: 200

Global Bifold Doors Market is valued approximately USD 12.55 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.24% over the forecast period 2022-2029. Bifold Doors refer to doors that are made from a series of panels hinged with each other and slide open. This Bifold doors can also be folded up against the wall. These doors are equipped with runners to facilitate smooth opening & closing of the door. Furthermore, bifold doors are available in different fold configuration such as two, three, four etc. The increasing expansion of construction sector worldwide and growing adoption of aesthetic doors as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista – during 2021, the total value of new residential construction put in place in the United States was estimated at USD 784.37 billion, and this amount is projected to grow to USD 1050.6 billion by 2026. In addition, as per Statista – during 2019, the Indian real estate industry was estimated at USD 166.28 billion, and as per projections the industry would reach to approximately USD 1000 billion by 2030. Also, rapid urbanization in emerging economies and increasing emergence of hotels and restaurants would create lucrative growth prospectus for the market over the forecast period. However, high cost associated with Bifold Doors coupled with complex installation & frequent maintenance requirement impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Bifold Doors Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players and growing residential construction sector in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rapid urbanization as well as rising commercial construction activities in the region.

Major market player included in this report are:
Andersen Corporation
BiFolds BiDesign Ltd.
Chase Windows Co.
Euramax Solutions Limited
Nana Wall Systems, Inc.
Origin Frames Ltd.
Pella Corporation
The Bi-folding Door Company

Recent Developments in the Market:
 In January 2019. Marvin completed acquisition of Delray Beach, Florida, USA based SIW Windows & Doors. Marvin also announced formation of a new business venture, named SIW Solutions, in partnership with current SIW Windows & Doors ownership. Further, with this acquisition The Marvin Companies would be the majority owner of the new SIW Solutions.

 In April 2022, Brownhills, England based Pyramid Aluminium unveiled its new SlimFold bi-fold door. This new SlimFold bifold door facilitates ‘easy clip-in beading’, and a 45mm wide slimline sash. This new launch would strengthen Pyramid Aluminium’s Bifold door portfolio.

Global Bifold Doors Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Material, Application, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material
By Application
Interior Doors
Exteriors Door
By End User

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Bifold Doors Market, by Region, 2019-2029 (USD Billion)
1.2.2. Bifold Doors Market, by Material, 2019-2029 (USD Billion)
1.2.3. Bifold Doors Market, by Application, 2019-2029 (USD Billion)
1.2.4. Bifold Doors Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bifold Doors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bifold Doors Market Dynamics
3.1. Bifold Doors Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing expansion of construction sector worldwide. Growing adoption of aesthetic doors. Strategic initiatives from leading market players.
3.1.2. Market Challenges High Cost of Bifold Doors Complex installation & Frequent maintenance requirement.
3.1.3. Market Opportunities Rapid urbanization in emerging economies. Increasing emergence of hotels and restaurants.
Chapter 4. Global Bifold Doors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Bifold Doors Market, by Material
6.1. Market Snapshot
6.2. Global Bifold Doors Market by Material, Performance – Potential Analysis
6.3. Global Bifold Doors Market Estimates & Forecasts by Material 2019-2029 (USD Billion)
6.4. Bifold Doors Market, Sub Segment Analysis
6.4.1. Wood
6.4.2. Metal
6.4.3. Glass
6.4.4. Vinyl
6.4.5. Fiberglass
6.4.6. Others
Chapter 7. Global Bifold Doors Market, by Application
7.1. Market Snapshot
7.2. Global Bifold Doors Market by Application, Performance – Potential Analysis
7.3. Global Bifold Doors Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Bifold Doors Market, Sub Segment Analysis
7.4.1. Interior Doors
7.4.2. Exterior Doors
Chapter 8. Global Bifold Doors Market, by End User
8.1. Market Snapshot
8.2. Global Bifold Doors Market by End User, Performance – Potential Analysis
8.3. Global Bifold Doors Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
8.4. Bifold Doors Market, Sub Segment Analysis
8.4.1. Residential
8.4.2. Non-residential
Chapter 9. Global Bifold Doors Market, Regional Analysis
9.1. Bifold Doors Market, Regional Market Snapshot
9.2. North America Bifold Doors Market
9.2.1. U.S. Bifold Doors Market Material breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029 End User breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Bifold Doors Market
9.3. Europe Bifold Doors Market Snapshot
9.3.1. U.K. Bifold Doors Market
9.3.2. Germany Bifold Doors Market
9.3.3. France Bifold Doors Market
9.3.4. Spain Bifold Doors Market
9.3.5. Italy Bifold Doors Market
9.3.6. Rest of Europe Bifold Doors Market
9.4. Asia-Pacific Bifold Doors Market Snapshot
9.4.1. China Bifold Doors Market
9.4.2. India Bifold Doors Market
9.4.3. Japan Bifold Doors Market
9.4.4. Australia Bifold Doors Market
9.4.5. South Korea Bifold Doors Market
9.4.6. Rest of Asia Pacific Bifold Doors Market
9.5. Latin America Bifold Doors Market Snapshot
9.5.1. Brazil Bifold Doors Market
9.5.2. Mexico Bifold Doors Market
9.6. Rest of The World Bifold Doors Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Andersen Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. BiFolds BiDesign Ltd.
10.2.3. Chase Windows Co.
10.2.4. Euramax Solutions Limited
10.2.5. JELD-WEN, Inc.
10.2.6. Kloeber
10.2.7. Nana Wall Systems, Inc.
10.2.8. Origin Frames Ltd.
10.2.9. Pella Corporation
10.2.10. The Bi-folding Door Company
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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