Press release
Bifold Doors Market Dynamics by Regions, Type, Application, Dynamics and Development Status and Outlook -2023
Bifold Doors Market:Bifold doors market is seen expanding at staggering rate due to growth in the end-use application industry, especially residential construction industry. The demand for such doors is highly application based and relies on the developments and investment in the real-estate sector. Furthermore, increasing investment by foreign investors in the construction industry of Asia-pacific region, particularly in countries such as India, Indonesia, and others have augmented the demand for such doors in the region. The market is expected to show high growth rate in coming time due to the investment by manufacturers in order to introduce various materials in the manufacturing of doors along with introduction of smart glass and automation in such bifold door systems.
The market has been segmented on the basis of material into wood, aluminum, PVC, and others. The PVC bifold doors has gained popularity in last many years due to the changing consumer preferences and cost-effectiveness of the material when compared to wood and metal. The global bifold doors market is expected to grow at approximately 5% CAGR during the forecast period.
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Market Research Analysis:
The global bifold doors market is expected to witness significant growth during the forecast period, due to the growth in the end-use industry. The demand is augmented essentially due to the rapid growth in residential construction in region of Asia-pacific. The market has been segmented on the basis of application into residential and non-residential. Residential construction is expected to lead the market with largest market size followed by non-residential segment, which includes commercial spaces, manufacturing industry and public utility spaces. However factors such as sustainability issues in construction industry is expected to hamper the market growth during the forecast period.
Scope of the report:
This study provides an overview of the global bifold doors industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global bifold doors market as material and application. On the basis of material it is segmented as wood, PVC, aluminum, and others. On the basis of application it is segmented as residential and non-residential.
Key Players:
Andersen Corporation,
JELD-WEN Inc.,
Pella Corporation,
Ply Gem Industries Inc.,
AG Millworks,
Associated Windows & Conservatories,
ATIS Group,
AWM Building Maintenance Ltd.,
Cascade Windows Inc.,
Brennan Enterprises Inc.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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