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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
JELD-WEN, Inc.
Kloeber
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
Wood
Metal
Glass
Vinyl
Fiberglass
Others
By Application
Interior Doors
Exteriors Door
By End User
Residential
Nonresidential

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
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
3.1.1.1. Increasing expansion of construction sector worldwide.
3.1.1.2. Growing adoption of aesthetic doors.
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. High Cost of Bifold Doors
3.1.2.2. Complex installation & Frequent maintenance requirement.
3.1.3. Market Opportunities
3.1.3.1. Rapid urbanization in emerging economies.
3.1.3.2. 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
9.2.1.1. Material breakdown estimates & forecasts, 2019-2029
9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
9.2.1.3. 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
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. 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

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