Worldwide Bifold Doors Industry to 2027 – Featuring AG Millworks, Andersen and Marvin Lumber Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Bifold Doors Market” report has been added to ResearchAndMarkets.com’s offering.
The global bifold doors market reached a value of US$ 9.32 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 12.78 Billion by 2027, exhibiting a CAGR of 5.00% during 2022-2027.
Companies Mentioned
- AG Millworks
- Andersen Corporation
- Clearview Bi-folding Doors Limited
- Euramax Solutions Ltd.
- JELD-WEN Inc.
- Kloeber UK Ltd.
- LaCantina Doors
- Marvin Lumber
- Cedar Company
- Nana Wall Systems Inc.
- Origin Frames Ltd.
- Pella Corporation
- The Bi-Folding Door Company
- TWR Trade Frames Limited
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor
Bifold doors are foldable doors that open and close by sliding and folding in sections. They consist of a series of panels with multiple locking points and can be installed in gateways, patios and indoor and outdoor spaces. They are commonly available in room divider, closet door, raised panel door and flat panel door variants that are used for covering small spaces, such as pantries, wardrobes, laundry rooms and gardens. Bifold doors are manufactured using durable materials, such as wood, glass, vinyl, fiberglass, unplasticized polyvinyl chloride (uPVC) and aluminum. They offer natural insulation and enhanced durability, customizability and sound absorption. Bifold doors also have minimal maintenance requirements and are cost-effective and environmentally friendly. As a result, they are widely used for residential, commercial and industrial applications
Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market. There is a rising requirement for efficient doors that offer high insulation and heat retention in houses and offices, which is leading to the widespread adoption of bifold doors. Moreover, the increasing consumer preference for modernized interior designs and extensive investments in home remodeling and renovation activities are providing a thrust to the market growth.
Additionally, various product innovations, such as the launch of bifold doors in aesthetically appealing designs with high-gloss finishing, are acting as other growth-inducing factors. These premium quality bifold doors are customized as per the requirements of the consumer and are widely used in hotels and restaurants to enhance the overall ambiance of the enclosed space. Other factors, including rapid urbanization and increasing expenditure capacities of the consumers, along with extensive infrastructural development, especially in the developing economies, are anticipated to drive the market toward growth
Key Questions Answered in This Report:
- How has the global bifold doors market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global bifold doors market?
- What are the key regional markets?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global bifold doors market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Bifold Doors Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material
7 Market Breakup by Application
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/gusc5f
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