Market Overview:
The global bifold doors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and eco-friendly homes, rising disposable income, and growing awareness about home improvement projects. The global bifold doors market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into wood, aluminium, PVC (polyvinyl chloride), and others. Aluminium bifold doors are expected to witness high growth during the forecast period owing to their properties such as durability and weather resistance. On the basis of application, residential sector dominates in terms of demand for bifold doors followed by non-residential sector.
Product Definition:
Bifold Doors are defined as a door that has two panels that fold together to occupy a very small footprint when open. This type of door is often used for closet doors, or in rooms where space is at a premium.
Wood:
Wood is one of the most common and important materials used in the construction industry. It can be classified as hardwood and softwood according to its properties. Hardwood includes species such as oak, maple, rosewood, teak; whereas soft wood includes species such as pine, cedar & cypress etc.
Aluminium:
Aluminum is a silvery-white metal that is strong and lightweight. It has the highest specific weight of any metal; one pound out of every five pounds can be contained in an American nickel. It has a high melting point, which allows it to be used in cooking ranges and other heat sources as well as for commercial air conditioning systems.
Application Insights:
The residential application segment accounted for the largest share of over 70.0% in 2017. The growing real estate market across the globe is expected to boost product demand in this segment. Non-residential application is projected to be the fastest-growing segment, with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in hotels and commercial buildings among others.
The global growth of tourism has increased significantly due largely to various factors such as improved economic conditions, rapid urbanization and rise in disposable income among several countries¢â‚¬â„¢ citizens including China, India and Australia have been flocking towards these countries at an alarming rate which has positively impacted regional economies thus driving the need for hotels construction thereby propelling industry growth over the forecast period (2017 & 2018).
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in emerging countries, such as China and India. Furthermore, rising demand for single-family houses due to growing population has encouraged manufacturers of bifold doors to expand their production capacities in these regions.
Europe is projected to be the fastest-growing regional market from 2018 to 2030 owing with high product demand from residential application segment mainly driven by France, U.K., Germany, Italy and Spain among other Eastern European countries that were formerly part of communist blocs or are currently members of it along with other Western European nations including Belgium, Switzerland among others).
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly products: The global market for bifold doors is expected to grow at a CAGR of more than 7% during the forecast period. This growth can be attributed to the increasing demand for energy-efficient and eco-friendly products across the world.
- Rising disposable income of consumers: The rising disposable income of consumers is another key factor that is expected to drive the growth of the global market for bifold doors during the forecast period. With increasing purchasing power, consumers are increasingly opting for premium quality products that offer better features and benefits.
- Technological advancements in door manufacturing process: The technological advancements in door manufacturing process are also contributing significantly to the growth of this market globally. Manufacturers are now using advanced technologies such as laser cutting, which helps in producing high quality doors with intricate designs and patterns at low costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bifold Doors Market Research Report
By Type
Wood, Aluminium, PVC, Others
By Application
Residential, Non-residential
By Companies
Andersen, JELD-WEN, Pella, YKK, Ply Gem, The Folding Sliding Door Company, NanaWall, TWR Bifolds, Andersen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Bifold Doors Market Report Segments:
The global Bifold Doors market is segmented on the basis of:
Types
Wood, Aluminium, PVC, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Andersen
- JELD-WEN
- Pella
- YKK
- Ply Gem
- The Folding Sliding Door Company
- NanaWall
- TWR Bifolds
- Andersen
Highlights of The Bifold Doors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wood
- Aluminium
- PVC
- Others
- By Application:
- Residential
- Non-residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bifold Doors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bifold doors are a type of door that opens in two directions.
Some of the major companies in the bifold doors market are Andersen, JELD-WEN, Pella, YKK, Ply Gem, The Folding Sliding Door Company, NanaWall, TWR Bifolds, Andersen.
The bifold doors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bifold Doors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bifold Doors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bifold Doors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bifold Doors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bifold Doors Market Size & Forecast, 2020-2028
4.5.1 Bifold Doors Market Size and Y-o-Y Growth
4.5.2 Bifold Doors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wood
5.2.2 Aluminium
5.2.3 PVC
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bifold Doors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bifold Doors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wood
9.6.2 Aluminium
9.6.3 PVC
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wood
10.6.2 Aluminium
10.6.3 PVC
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wood
11.6.2 Aluminium
11.6.3 PVC
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wood
12.6.2 Aluminium
12.6.3 PVC
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wood
13.6.2 Aluminium
13.6.3 PVC
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bifold Doors Market: Competitive Dashboard
14.2 Global Bifold Doors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Andersen
14.3.2 JELD-WEN
14.3.3 Pella
14.3.4 YKK
14.3.5 Ply Gem
14.3.6 The Folding Sliding Door Company
14.3.7 NanaWall
14.3.8 TWR Bifolds
14.3.9 Andersen
