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

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

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 DataCompanies Mentioned

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

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