Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Bifold doors market size was USD 9.5 billion in 2022. The Bifold Doors industry is expected to increase from USD 10.0795 billion in 2023 to USD 16.1868395 billion in 2032, a CAGR of 6.10%.
The bifold door market is shaped by many factors. Current economic conditions are important. When the economy is good, buyers are more likely to buy home improvements like bifold doors. Additionally, the housing market is crucial. Bifold door demand might rise with new home development or remodeling.
Another major issue affecting bifold doors is regulation. These doors may be designed and manufactured under strict energy efficiency and safety requirements. These laws protect market access and consumer confidence in the product.
Technology also shapes the bifold doors market. Innovative materials, production methods, and smart technology in these doors can attract consumers. Energy-efficient features like thermal insulation and smart home compatibility are increasingly impacting customer decisions. These doors' aesthetics and space-saving functionality suit modern design.
Additionally, environmental awareness is influencing consumer choices. The need for eco-friendly bifold door materials has increased. Recycling and environmental responsibility provide manufacturers an edge in the market.
Competition also shapes the bifold doors industry. Numerous manufacturers and suppliers increase competition, resulting in innovations, competitive pricing, and various product offers. Companies that differentiate themselves via quality, design, and customer service are more successful.
Geopolitical events and trade policy might affect the bifold doors industry. Trade tensions and supply chain disruptions can affect raw material prices, which affects production costs and product pricing. Market actors' worldwide competitiveness is also affected by currency exchange rates.
Consumer education and awareness boost the market. Demand for bifold doors may rise as consumers learn about their benefits and possibilities. Bifold door marketing that emphasizes their convenience, energy efficiency, and aesthetic appeal can improve consumer attitudes.
A complex interaction of economic, regulatory, technological, and consumer variables shapes the bifold door market. Industry participants must adjust to these factors to succeed in this changing market.
Bifold Doors Market Highlights:
Global Bifold Doors Market Overview
Bifold Doors Market Size was valued at USD 9.5 billion in 2022. The Bifold Doors industry is projected to grow from USD 10.0795 Billion in 2023 to USD 16.1868395 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.10% during the forecast period (2023 - 2032). Increased aesthetic values in construction and a high growth rate in the coming time due to the investment by manufacturers are the key market drivers enhancing the market growth.               
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Bifold Doors Market Trends
-
The increasing demand for energy-efficient building solutions drives the market growth
Bifold doors contribute to energy efficiency through their insulated panels and advanced sealing mechanisms, reducing heat transfer and the need for artificial lighting. Additionally, their sleek design and versatility allow customization to match various architectural styles, making them a popular choice among architects and homeowners seeking contemporary. This factor drives the market CAGR. bifold doors of varying sizes, folding gracefully, tailor to diverse spaces with seamless style
Additionally, the demand for bifold doors is expected to rise due to urbanization and increased disposable income. People's growing awareness of interior design and willingness to invest in home remodeling projects will drive the market. Bifold doors offer an attractive view of the outside and enhance the visual appeal of buildings, particularly in resorts and the hotel industry.However, the complex folding mechanism with multiple hinges and panels poses a challenge, especially for DIY users. Additionally, the installation costs of bifold doors increase with larger door sizes, impacting Bifold Doors' market revenue.
Bifold Doors MarketSegment Insights
Bifold Doors Material Insights
The  Bifold Doors market segmentation, based on material, includes wood, aluminum, PVC, and others. The aluminum segment dominated the market; aluminum is highly durable and provides excellent structural strength, ensuring longevity and stability for bifold doors. Bifold doors are designed to withstand harsh weather conditions, including extreme temperatures and humidity, without warping or deteriorating.
Bifold Doors Application Insights
Based on application, the  Bifold Doors market segmentation includes Residential, Non-residential. The Residential segment dominated the market; the growing preference for bifold doors in residential properties worldwide primarily drives this.They provide an excellent solution for maximizing natural light and creating a seamless transition between indoor and outdoor spaces.
Figure1: Bifold Doors Market, by Application, 2022&2032(USD billion)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Bifold Doors Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American bifold doors market area will dominate this market; the growth of hotels and restaurants in the Region has led to an increased demand for bi-fold doors, thereby boosting the market growth in the Region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: BIFOLD DOORS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Bifold Doors market accounts for the second-largest market share due to the low cost of bariatric surgery and the rise in the number of diabetes people. Further, the German Bifold Doors market held the largest market share, and the UK bifold doors market experienced rapid growth, outpacing other markets in the European Region.
The Asia-Pacific Bifold Doors market is expected to grow at the fastest CAGR from 2023 to 2032. The dominance of sectors such as infrastructure and government initiatives promoting green buildings, which prioritize environmental conservation, contribute to this trend. Moreover, China’s Bifold Doors market held the largest market share, and the Indian Bifold Doors market was the fastest-growing market in the Asia-Pacific region.
Bifold Doors Key Market Players& Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Bifold Doors market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Bifold Doors industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the  Bifold Doors industry to benefit clients and increase the market sector. The Bifold Doors industry has offered some of the most significant advantages in recent years. Major players in the Bifold Doors market, including Andersen Corporation, JELD-WEN Inc., Pella Corporation, Ply Gem Industries Inc., AG Millworks, Associated Windows & Conservatories, ATIS Group, AWM Building Maintenance Ltd., Cascade Windows Inc., and other industry players invest in research and development initiatives to stimulate market demand.
Inwido, a leading European window group, is dedicated to enhancing people's indoor living experiences through high-quality windows and doors. With a consumer-focused approach and a decentralized structure, Inwido aims to offer the best-customized solutions in the market, driving sustainable growth organically and through acquisitions. Recently, Inwido made a strategic move by acquiring a majority stake in Dekko Windows System, a UK-based company specializing in manufacturing windows, doors, and other related products. This acquisition strengthens Inwido's presence in Europe and expands its product portfolio, offering a wide range of wood-based and composite materials for windows and doors.
Sheerline range of window, door, bi-fold, and lantern systems. Sheerline is a UK-based manufacturing company specializing in aluminum windows, doors, bi-folds, and roof lanterns. Their products are designed to meet the needs of discerning homeowners who prioritize warmth, slim profiles, and high security. Sheerline recently introduced the Prestige bi-folds, featuring their innovative Thermlock multi-chamber thermal break technology. Unlike other aluminum bi-folds with polyamide thermal breaks, Sheerline's Prestige bi-folds offer enhanced thermal performance and a stunning, high-quality finish.
Key Companies in the Bifold Doors Market Include
- JELD-WEN Inc
- Ply Gem industries
- Cascade windows Inc
- AG Millworks
- Pella Corporation
- Associated windows and conservatories
- AWM buildings maintenance limited
- Brennan enterprises
- Anderson corporation
- Deceuninck
Bifold Doors Industry Developments
March 2022: Inwido, a leading Swedish company specializing in wood-based window and door solutions, recently acquired a majority stake in Dekko Windows System. This strategic move aimed to enhance Inwido's presence in Europe by expanding its product offerings in the windows and doors market. Dekko Windows System, a UK-based company, is known for its manufacturing expertise in various types of windows and doors, including entrance and bi-folding doors, PVC patio doors, and aluminum and composite materials. The acquisition strengthens Inwido's position and provides a diverse range of high-quality windows and doors to meet customer demands.
September 2021: Sheerline, a UK-based manufacturing company that provides aluminum windows, doors, bi-folds, and roof lanterns, launched the Prestige bi-folds. Compared 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.
Bifold Doors Market Segmentation
Bifold Doors Material Outlook
- Wood
- Aluminum
- PVC
- others
Bifold Doors Application Outlook
- Residential
- Non-residential
Bifold Doors Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
