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Bifold Doors Market size was valued at around USD 9.70 billion in 2022 and is estimated to record a CAGR of over 5.7% during 2023 to 2032.
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Bifold doors are regularly utilized in contemporary architectural designs because of its streamlined and simplistic appearance, which improves a building's average aesthetics. Bifold doorways are advantageous for homes with scenic perspectives due to the fact, whilst completely opened, they provide unhindered vistas, in houses which can be situated close to the ocean or mountains. The use of nicely insulated bifold doors is encouraged via compliance with energy performance legal guidelines and certifications.
Report Attribute | Details |
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Base Year: | 2022 |
Bifold Doors Market Size in 2022: | 9.70 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.7% |
2032 Value Projection: | 16.89 Million |
Historical Data for: | 2018 to 2032 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 191 |
Segments covered: | Material, Operation Type, Application, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Bifold doors can be more expensive to purchase and install compared to traditional sliding or swing doors, which can deter some budget-conscious customers. Bifold doors, particularly those with complex folding mechanisms or extensive glass, may require more frequent maintenance and cleaning to ensure smooth operation and appearance. Proper installation of bifold doors requires skilled professionals, and finding qualified installers can be a challenge in some regions. Thus, the risks associated with bifold doors may drive down the acceptance rate, further hampering the business growth.
Several production sites throughout the world were temporarily shuttered or operated at reduced capacity to comply with lockdowns and social distancing measures. As a result, manufacturing was delayed, and the supply chain was disrupted. Thus, the reduced number of COVID-19 instances and subsequent tactics implemented by government and non-government organizations are expected to promote market growth.
Bifold doors with enhanced thermal insulation properties have gained popularity. These doors help homeowners reduce energy consumption and heating/cooling costs. Consumers are favoring bifold doors with slim sightlines, as they provide a sleek and modern aesthetic and maximize the view when doors are closed. Frameless glass bifold doors are gaining popularity for their minimalist, open look, and they are often used to create seamless indoor-outdoor living spaces.
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The Wood segment accounted for over USD 2.96 billion in 2022. Wood bifold doors are favored for their warmth, natural beauty, and classic appearance, making them a preferred choice for those seeking a traditional or rustic look. Moreover, an increasing usage will further accelerate the bifold doors market growth.
The residential application is estimated to grow at a 6% CAGR through 2032. In residential settings, bifold doors are popular for providing smooth transitions between both indoor and outdoor living spaces, boosting the enjoyment of decks, patios, and gardens.
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The manual bifold doors held around 78.3% of the bifold doors market share in 2022 and is likely to grow at a lucrative pace by 2032. The ability to fold panels neatly and compactly, creating a concertina effect, appeals to customers with limited space or those looking to maximize their opening width.
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U.S. dominated the North American region with majority market share and a revenue of USD 2.53 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032. The trend towards seamless indoor-outdoor living spaces has driven the demand for bifold doors that create open transitions between homes and outdoor areas like patios, decks, and gardens. Thus, the above-mentioned variables would augment the bifold doors business growth in the North America positively.
Some of the major market players operating in the bifold doors market are
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
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Market, By Material
Market, By Operation Type
Market, By Application
The above information is provided for the following regions and countries: