Press release
Riding the Growth Wave: Bifold Doors Market Set for Expansion with Projected $15.84 billion Valuation by 2029
Bifold Doors Market Size
What Is The Projected Market Size Of The Global Bifold Doors Market And Its Growth Rate?
The global bifold doors market is on an upward trajectory, fuelled by a growing preference for modern design trends and the rise of green buildings.
• The market size grew from $11.25 billion in 2024 to $11.93 billion in 2025, expanding at a CAGR of 6.1%.
• This growth is largely attributed to the growth of the construction industry, the rise of green buildings, and an increase in consumer preference towards modernized interiors.
• The market is projected to further grow to $15.84 billion in 2029, escalating at a CAGR of 7.3%.
• In the forecast period, growth can be expected from rising investments in home remodeling and renovation activities, increasing popularity of multifamily dwellings, and growing infrastructure investments.
What Is Driving The Growth In The Bifold Doors Market?
The surge in the construction industry is a key driver for the bifold doors market's growth. The sector, which involves infrastructure development, repair, renovation, and maintenance, has seen growth due to rapid industrialization and urbanization. Increased construction activities are creating demand for bifold doors, which offer dependable home renovation avenues and enhanced safety for both residential and non-residential structures. As reflected in statistics from the Australian Bureau of Statistics, the value of building approvals in the residential sector rose to 7,956.4 million in August 2024, showcasing a notable growth in construction activity.
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Who Are the Key Players Driving Bifold Doors Market Growth?
Key players driving growth in the bifold doors market include:
• Andersen Corporation
• Pella Corporation
• JELD-WEN Inc.
• Ply Gem Industries Inc.
• Cascade Windows Inc.
• Nana Wall Systems Inc.
• VEKA AG
• Origin Frames Ltd
• AG Millworks
• Hexa Wood Pvt. Ltd
• And many others
What Are The Key Trends In The Bifold Doors Market?
Key trends expected to influence the growth of the bifold doors market in the future include:
• Increasing adoption of energy-efficient bifold door systems
• Technological advancements favoring the sector
• Introduction of new product innovations
• Expansion through strategic partnerships and acquisitions
What Are The Segments Of The Global Bifold Doors Market?
The bifold doors market can be segmented as follows:
• By Type: French Doors, Sliding Pocket Doors
• By Material: Wood, Metal, Glass, Vinyl, Fiberglass, Other Materials
• By Application: Interior Doors, Exterior Doors
• By End-User: Residential, Non-Residential
Which Region Leads The Bifold Doors Market?
The Asia-Pacific region held the largest share in the global bifold doors market as of 2024. The rise of green buildings, increased residential sector growth, and expanding infrastructure investments are some of the key factors contributing to this dominance.
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What Is Covered In The Bifold Doors Global Market Report?
- Market Size Analysis: Analyze the Bifold Doors Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Bifold Doors Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Bifold Doors Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Bifold Doors Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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