Global Four Fold Doors Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Four Fold Doors Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Four-fold doors, also known as bi-fold doors or folding doors, are a type of door system consisting of multiple panels that fold in on themselves to open or close. These doors are typically used for large openings, such as those leading to patios, gardens, or indoor/outdoor living spaces, where they provide a seamless transition between the interior and exterior of a building.

Market Overview:

The latest research study on the global Four Fold Doors market finds that the global Four Fold Doors market reached a value of USD 463.13 million in 2023. It’s expected that the market will achieve USD 706.44 million by 2029, exhibiting a CAGR of 7.29% during the forecast period.

Drivers

1.In fire applications, Four Fold Doors can shorten response time and reduce truck damage.
2.Modern architectural designs often emphasize open spaces and indoor-outdoor living.

Limitations

1.Relatively cumbersome maintenance requirements
2.Fluctuation of raw material prices

Opportunities

1.Smart Technology Integration
2.Market Expansion: While Four Fold Doors are recognized for their utility in fire applications, their versatility and aesthetic appeal make them equally appealing in other sectors.

Region Overview:

India had the highest growth rate of all regions in 2022.

In 2022, the share of the Four Fold Doors market in North America stood at 44.24%.

Company Overview:

Assa Abloy is one of the major players operating in the Four Fold Doors market, holding a share of 6.13% in 2023.

Assa Abloy, Allegion Plc, TORMAX, Milgard and Express are the five key players in the global Four Fold Doors market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Four Fold Doors market in the past 5 years.

Segmentation Overview:

The Stainless segment by type showed a value growth of 9.80% in 2022.

Among different product types, Aluminum segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial and Institutions segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Four Fold Doors market covered in Chapter 3:

Electric Power Door
Assa Abloy
Dorma Kaba
Raynor
Just Doors
Milgard
TORMAX
Express
INTERNATIONAL DOOR, INC (IDI)
Jewers Doors
Korniche
Allegion Plc

In Chapter 4 and Chapter 14.2, on the basis of types, the Four Fold Doors market from 2019 to 2030 is primarily split into:

Stainless
Aluminum
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Four Fold Doors market from 2019 to 2030 covers:

Commercial and Institutions
Industrial
Residential

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)