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Bifold Doors Market Size
- Report ID: GMI6758
- Published Date: Feb 2024
- Report Format: PDF
Bifold Doors Market Size
Bifold Doors Market size was valued at USD 10 billion in 2023 and is anticipated to register a CAGR of over 5.9% between 2024 and 2032. The rising adoption of bifold doors in residential and commercial buildings is one of the major trends driving the market growth.
Bifold doors are popular as maximum levels of light are allowed to enter buildings whilst offering privacy when needed. Due to their solid construction and ease of use, Bifold sliding doors are ideal for both homes and businesses that want to enjoy a greater feeling of light and that want to turn the outside space into another usable room.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Bifold Doors Market Size in 2023: | USD 10 billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 5.9% |
| 2032 Value Projection: | USD 18 billion |
| Historical Data for: | 2018 - 2023 |
| No. of Pages: | 161 |
| Tables, Charts & Figures: | 232 |
| Segments covered: | Material, Operations Type, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The construction industry is on the rise globally. Growing demand for new housing, commercial space, and infrastructure across the world is expected to have a positive impact on the overall market growth market. In addition to this, growing economies in emerging markets are investing heavily in infrastructure development. Moreover, the demand for new housing is expected to remain strong, particularly in emerging markets.
Compared to certain other door designs, Bifold doors may offer less insulation, which could influence energy efficiency. To guarantee smooth functioning and endurance, Bifold doors may need more frequent maintenance, depending on the materials used.
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Bifold Doors Market Scope
