What Transformation Has the Bifold Doors Market Undergone?
The bifold doors market has seen considerable growth due to a variety of factors.
• The market size for bifold doors has seen substantial growth in the last few years. The valuation is projected to rise from $11.25 billion in 2024 to $11.93 billion in 2025, translating to a compound annual growth rate (CAGR) of 6.1%.
The expansion during the historical span can be traced back to the upward growth in the construction sector, increase in eco-friendly buildings, development of the restaurant industry and a heightened consumer liking for contemporary interior style.
What Are The Predictions for The Bifold Doors Market Size In The Coming Years?
The bifold doors market is expected to maintain its strong growth trajectory in upcoming years.
• Strong expansion is anticipated in the bifold doors market over the upcoming years, with a projection to reach a value of $15.84 billion by 2029, flourishing at a compound annual growth rate (CAGR) of 7.3%.
This growth during the forecasted period can be credited to increased investments in home refurbishments and renovations, a surge in the popularity of multifamily homes, an expanding residential sector, and increased investment in infrastructure. Key trends predicted during this period include energy-efficient bifold door systems, technological progress, product innovations, and strategic partnerships and acquisitions.
What Key Factors and Trends are Driving the Growth of the Bifold Doors Market?
The bifold doors market's development is anticipated to be fueled by expansion in the construction sector. The construction sector encompasses a segment of the manufacturing and commerce-related activities focusing on infrastructure growth, maintenance, refurbishment, and repair. Accelerated urbanization and industrialization have led to an upward trend in construction endeavors. The expanding construction projects are heightening the demand for bifold doors, known for being a reliable option for home remodeling and ensuring improved security for various kinds of structures, including educational institutions, office buildings, and government establishments. To provide a snapshot, the Australian Bureau of Statistics, a national statistic organization based in Australia, reported an increase in the value of building approvals in the residential sector to 7,956.4 million in August 2024, up from 7,164.2 million in August 2023. This illustrates a significant surge in construction activities. Consequently, the uplift in the construction industry propels the bifold doors market's expansion.
What Are The Core Segments Of The Globa Bifold Doors Market?
The bifold doors market covered in this report is segmented –
1) By Type: French Doors, Sliding Pocket Doors
2) By Material: Wood, Metal, Glass, Vinyl, Fiberglass, Other Materials
3) By Application: Interior Doors, Exterior Doors
4) By End-User: Residential, Non-Residential
Subsegments:
1) By French Doors: Double French Doors, Single French Doors
2) By Sliding Pocket Doors: Standard Sliding Pocket Doors, Customized Sliding Pocket Doors
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Which Emerging Trends Are Reshaping The Bifold Doors Market Size?
Leading businesses in the bifold doors market are concentrating their efforts on creating innovative folding door systems, such as advanced-performance folding door models. These models aim to augment natural light and generate expansive views, blending practicality and visual appeal. These advanced-performance models offer superior insulation, durability, and seamless functionality, boosting both aesthetic and usability in both residential and commercial settings. For example, in January 2023, US-based LaCantina introduced the V2 Folding Door, a contemporary system created to maximize natural light and provide extensive views. The V2 merges beauty and utility with its ultra-thin stiles and rails that maximize the glass area. It includes a multi-point locking system, concealed handles, and hidden hinges, which give it a sleek, minimalist appearance. The V2's thermally regulated profiles guarantee energy efficiency and comfort all year round, positioning it as a superior solution for incorporating light and space into living areas.
Who Are the Key Players in the Bifold Doors Market?
Major companies operating in the bifold doors market include:
• Andersen Corporation
• Pella Corporation
• JELD-WEN Inc.
• Ply Gem Industries Inc.
• Cascade Windows Inc.
• Nana Wall Systems Inc.
• VEKA AG
• Origin Frames Ltd
• AG Millworks
• YSR Security System Pvt. Ltd
• Hexa Wood Pvt. Ltd
• Perfect Glazing Pvt. Limited
• Guangzhou Xiya Building Material Co. Ltd
• Foshan Fuxuan Window & Door Co. Ltd.
• Homi Aluminum Co. Ltd.
• Suzhou Shunchi Hardware Co Ltd.
• Novoferm GmbH
• Hörmannare
• Teckentrup GmbH + Co. KG
• Jansen Tore GmbH & Co. KG
• ALPGATE
• Entrematic Germany GmbH
• B+N Tortechnik GmbH
• AKM-Tore GmbH
• AL-PROMT S.R. L
• Arcom Glass
• ALUMIL Russia
• ALTEK LLC
• Marvin
• Ostaco Windows and Doors
• Steves Doors
• SOLIDA BRASIL MADEIRAS LTDA
• Adami S/A Madeiras
• Tebet Lumber Co
• Tomio Esquadrias
• Irmãos Graciola
• Acacia Wood
• AG Intertrade
• Sebastian Orecchia
• Bi-Fold Doors Dubai
• Etsy Israel
• ADL Design
• REHAU Group
• Bifold UAE
• Amo Tropical Solutions Ltd
• Oroboson Limited
• Yehans International Ghana Limited
What are the Regional Insights into the Bifold Doors Market?
Asia-Pacific was the largest region in the bifold doors market in 2024. The regions covered in the bifold doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
