Bifold Doors Global Market Report 2024

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 historic growth in bifold doors was driven by expansion in the construction industry, the rise of green building trends, growth within the restaurant industry, and increased consumer preference for contemporary interior designs.

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%. In the upcoming period, the growth of bifold doors will be driven by increased home remodeling investments, rising multifamily dwelling popularity, and infrastructure expansion. Key trends include energy-efficient systems, tech advancements, innovations, and strategic partnerships.

The expansion of the construction industry is anticipated to be a significant driver for the bifold doors market in the coming years. The construction industry encompasses various operations related to manufacturing, trade, infrastructure development, repair, renovation, and maintenance. The surge in construction activities, driven by rapid industrialization and urbanization, has led to an increased demand for bifold doors. These doors are sought after for both residential and non-residential structures, providing reliable solutions for home renovations and enhanced safety in buildings such as schools, universities, offices, and government establishments. Statistical data supports this trend, with reports from Stats NZ Tatauranga Aotearoa indicating a 3.7 percent increase in building activities in March 2021 in New Zealand. Residential activities also experienced a growth of 4.3 percent in 2021 compared to the previous year. In the United States, the Census Bureau reported a 10.2 percent growth in the value of construction activities, rising from $1,626.4 billion in 2021 to $1,792.9 billion in 2022. This underscores the significant impact of construction industry growth on the bifold doors market.

The bifold doors market is poised to benefit from the escalating investments in infrastructure projects. The global trend of urbanization and improvements in living standards has led to a heightened demand for substantial investments in various infrastructural developments such as buildings, roads, bridges, dams, and urban facilities such as shopping malls, airports, and hotels. Bifold doors are particularly suitable for infrastructure projects due to their space-efficient design, energy efficiency, and sustainability, aligning with the essential considerations in contemporary infrastructure development. Notable examples of substantial infrastructure investment include the Indonesian government's commitment to invest $430 billion in public infrastructure development by 2024 and the National Infrastructure Plan 2050 (Nip 2050) Phase I announced by the South African government in March 2022. These initiatives are anticipated to be key contributors to the growth of the bifold doors market.

The bifold doors market is experiencing a notable trend characterized by a focus on product innovations among major companies. These companies are actively engaging in the development of innovative bifold door solutions to strengthen their market positions. A noteworthy example is Sheerline, a UK-based manufacturing company specializing in aluminum windows, doors, bi-folds, and roof lanterns. In September 2021, Sheerline introduced the Prestige bi-folds, a series of bifold doors equipped with the company's multi-chambered Thermlock technology. Unlikeas comparable aluminum bi-folds that use polyamide thermal breaks, Sheerline's innovative technology ensures improved thermal performance. The Prestige bi-folds from Sheerline exemplify a combination of innovation, sustainability, aesthetics, and security, reflecting the growing prominence of product innovations in the bifold doors market.

A key trend gaining popularity in the bifold doors market is the introduction of energy-efficient bifold door systems. Major companies in the market are proactively launching bifold door systems that prioritize energy efficiency, catering to the demand for larger, high-performance aluminum folding doors in both residential and commercial segments. All Weather Inc., a US-based company specializing in the design and manufacturing of custom aluminum windows and doors, exemplifies this trend with the launch of the Series 9200 in April 2022. This thermally broken bifold door system is designed to enhance energy efficiency, structural integrity, and safety. The Series 9200 features a modern aesthetic with a narrow stile and rail profile, providing a child-safe design, and incorporates thermally broken OA (oil-air) insulated dual-glazed units for greater energy efficiency. This underscores the growing emphasis on energy-efficient solutions in the bifold doors market.

In March 2022, Inwido, a Swedish provider of wood-based window and door solutions, acquired a controlling interest in Dekko Windows System, a UK-based company specializing in manufacturing various windows and doors, including aluminum and composite materials. This acquisition bolstered Inwido's European presence and enriched its product portfolio in windows and doors.

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.

Asia-Pacific was the largest region in the bifold doors market in 2023. The regions covered in the bifold doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bifold doors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The main types of bifold doors include French doors, sliding pocket doors, and sliding patio doors. French doors have glass panes along their length, serving as both interior and exterior doors. They are commonly used to connect rooms or access outdoor areas such as balconies or patios. These doors are made from various materials such as wood, metal, glass, vinyl, and fiberglass, suitable for interior and exterior applications in residential and non-residential settings.

The bifold doors market research report is one of a series of new reports that provides bifold doors market statistics, including bifold doors industry global market size, regional shares, competitors with a bifold doors market share, detailed bifold doors market segments, market trends and opportunities, and any further data you may need to thrive in the bifold doors industry. This bifold doors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The bifold doors market consists of sales of external bifold doors frame and internal bifold doors frame, door guide, hinges, and lockset. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.