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Bifold Doors Market Analysis 2023-2032: Market Size, Top Segments, Leading Region Forecast
As per The Business Research Company's Bifold Doors Opportunities And Strategies Market Report 2023, the global bifold doors market reached a value of nearly $10,078.70 million in 2022, having grown at a compound annual growth rate (CAGR) of 3.18% since 2017. The market is expected to grow from $10,078.70 million in 2022 to $13,285.21 million in 2027 at a rate of 5.68%. The market is then expected to grow at a CAGR of 6.25% from 2027 and reach $17,991.54 million in 2032.The increasing investments for home remodeling and renovation activities are expected to propel the growth of the bifold doors market going forward. Investments in home remodeling and renovation projects are reflecting the desire of homeowners to create personalized and modern living environments. As homeowners seek to improve and upgrade their living spaces, bifold doors are becoming a popular choice for enhancing both the functionality and aesthetics of homes.
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Energy-efficient bifold door systems are a key trend gaining popularity in the bifold doors market. Major companies operating in the bifold doors market are launching energy-efficient bifold door systems to grow in the market.
The top opportunities in the bifold doors market segmented by type will arise in the French doors segment, which will gain $2,086.32 million of global annual sales by 2027. The top opportunities in the bifold doors market segmented by material will arise in the glass segment, which will gain $1,024.07 million of global annual sales by 2027. The top opportunities in the bifold doors market segmented by application will arise in the interior doors segment, which will gain $2,060.90 million of global annual sales by 2027. The top opportunities in the bifold doors market segmented by end user will arise in the non-residential segment, which will gain $1,706.84 million of global annual sales by 2027. The bifold doors market size will gain the most in China at $688.45 million.
Bifold Doors Market Segmentation:
The bifold doors market is segmented by type, by material, by application and by end-users.
By Type -
The bifold doors market is segmented by type into:
a) French Doors
b) Sliding Pocket Doors
By Material-
The bifold doors market is segmented by material into:
a) Wood
b) Metal
c) Glass
d) Vinyl
e) Fiberglass
f) Other Materials
By Application-
The bifold doors market is segmented by application into:
a) Interior Doors
b) Exterior Doors
By End User -
The bifold doors market is segmented by end user into:
a) Residential
b) Non-Residential
Major players in the bifold doors market include Andersen Corporation, Pella Corporation, JELD-WEN Inc, Ply Gem Industries Inc.
The regions covered in the global bifold doors market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Bifold Doors Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Bifold Doors Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction And Market Characteristics
……
19. Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Bifold Doors Market, Conclusions And Recommendations
23. Appendix
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https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12314
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