Press release
Bifold Doors Market is Expected to Reach $13,929 Million in 2023 | by Material, Application
According to a new report published by Allied Market Research, titled, Bifold Doors by Material, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global bifold doors market was valued at $9,779 million in 2016, and is projected to reach at $13,929 million by 2023, growing at a CAGR of 5.2% from 2017 to 2023. Asia-Pacific is expected to be the leading contributor to the global bifold doors market, followed by Europe and North America.Request for a Premium Sample Report @ https://www.alliedmarketresearch.com/request-sample/3248
Doors constitute a vital part of the infrastructure as they provide entry as well as exit points. Further, they provide insulation, separation of rooms, and protect the interiors of the house from external temperature conditions.
Bifold doors constitute a combination of panel doors logically hinged, leading to folding of the panels. This folding mechanism allows the doors to co-exist as door-walls systems, which enhances the visual appeal of the interiors. Bifold doors are applicable in patio doors, balcony doors, interior dividers, a combination of glass and wall systems, and store & restaurants front doors among others. They can also be used for large cabinets, in-built closets doors that require minimum opening and closing space, and suitable for replacement doors.
Key Segments
The bifold doors market is segmented on the basis of material, application, end user, and geography. On the basis of material, it is classified into wood, metal, glass, vinyl, fiberglass, and others (uPCV, PVC, and fiberboard). The applications covered in this study include interior doors and exterior doors. Based on the end user, the market is bifurcated into residential and nonresidential. Geographically, it is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
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Key Players
The key players operating in the global bifold doors market are Andersen Corporation, BiFolds BiDesign Ltd., Chase Windows Co., Euramax Solutions Limited, JELD-WEN, Inc., Kloeber, Nana Wall Systems, Inc., Origin Frames Ltd., Pella Corporation, and The Bi-folding Door Company.
Key Benefits
The study provides an in-depth analysis of the global bifold doors market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers restraints and opportunities and their impact analysis on the market is provided.
Porter’s Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
The quantitative analysis of the global bifold doors market from 2017 to 2023 is provided to determine the market potential.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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