Bifold Doors Market Report 2024: Growth, Trends, Analysis, Forecast 2033

"The new report published by The Business Research Company, titled Bifold Doors Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the bifold doors market size has grown strongly in recent years. It will grow from $10.67 billion in 2023 to $11.32 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The bifold doors market size is expected to see strong growth in the next few years. It will grow to $14.55 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.

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Surging Construction Industry Propels Growth In The Bifold Doors Market
The growth in the construction industry is expected to propel the growth of the bifold doors market going forward. The construction industry refers to an industrial branch of manufacturing and trade-related operations that includes infrastructure development, repair, renovation, and maintenance. Construction activities have been on the rise due to rapid industrialization and urbanization. These building activities are increasing the need for bifold doors, which provide dependable home renovation and greater safety for residential and non-residential structures such as schools, universities, offices, and government buildings. For instance, in June 2021, according to the Stats NZ Tatauranga Aotearoa, a New Zealand-based government data agency, building activities increased by 3.7 percent in March 2021. Further, in 2021, residential activities rose 4.3 percent compared to 2020. Additionally, according to the US Census Bureau, The value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022 with a growth rate of 10.2 percent. Therefore, the growth in the construction industry is driving the bifold doors market.

Innovative Bifold Door Designs Enhance Market Dynamics
Product innovations have emerged as a key trend gaining popularity in the bifold doors market. Major companies operating in the bifold doors sector are focused on innovative products to reinforce their position. For instance, in September 2021, Sheerline, a UK-based manufacturing company that provides aluminum windows, doors, bi-folds, and roof lanterns, launched the Prestige bi-folds. In comparison to comparable aluminum bi-folds that use polyamide thermal breaks, it is equipped with Sheerline's multi-chambered Thermlock technology, which guarantees improved thermal performance. The innovative series of bi-fold doors from Sheerline Prestige integrates innovation, sustainability, aesthetics, and security.

The bifold doors market covered in this report is segmented -
1) By Type: French Doors, Sliding Pocket Doors
2) By Material: Wood, Metal, Glass, Vinyl, Fiberglass, Other Materials
3) By Application: Interior Doors, Exterior Doors
4) By End-User: Residential, Non-Residential

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Major companies operating in the bifold doors market report are Andersen Corporation, Pella Corporation, JELD-WEN Inc., Ply Gem Industries Inc., Маrvіn Wіndоwѕ аnd Dооrs, Cascade Windows Inc., Nana Wall Systems Inc., VEKA AG, Origin Frames Ltd, AG Millworks, YSR Security System Pvt. Ltd, Hexa Wood Pvt. Ltd, Perfect Glazing Pvt. Limited, Guangzhou Xiya Building Material Co. Ltd, Foshan Fuxuan Window & Door Co. Ltd., Homi Aluminum Co. Ltd., Suzhou Shunchi Hardware Co Ltd., Novoferm GmbH, Hörmannare, Teckentrup GmbH + Co. KG, Jansen Tore GmbH & Co. KG, ALPGATE, Entrematic Germany GmbH, B+N Tortechnik GmbH, AKM-Tore GmbH, AL-PROMT S.R. L, Arcom Glass, ALUMIL Russia, ALTEK LLC, Marvin, Ostaco Windows and Doors, Steves Doors, SOLIDA BRASIL MADEIRAS LTDA, Adami S/A Madeiras, Tebet Lumber Co, Tomio Esquadrias, Irmãos Graciola, Acacia Wood, AG Intertrade, Sebastian Orecchia, Bi-Fold Doors Dubai, Etsy Israel, ADL Design, REHAU Group, Bifold UAE, Amo Tropical Solutions Ltd, Oroboson Limited, Yehans International Ghana Limited

Contents of the report:
1. Executive Summary
2. Bifold Doors Market Report Structure
3. Bifold Doors Market Trends And Strategies
4. Bifold Doors Market - Macro Economic Scenario
5. Bifold Doors Market Size And Growth
…..
27. Bifold Doors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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