Global Bifold Doors Market Information by Material (Wood, Aluminum, PVC, and others), by Application (Residential, and Non-residential) and Region - Forecast to 2023

The key players of global bifold doors market report include- 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., and Brennan Enterprises Inc.

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Market Synopsis of 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.

Regional Analysis of Global Bifold Doors Market

APAC is expected to lead the market with the largest market share and fastest growing market. The region has witnessed growth in building & construction activities along with various supportive policies and regulations which encourages real-estate development in the countries of China, India and Indonesia. This has fueled the growth of the Bifold Doors market. Also, due to rapid urbanization and increasing disposable income in the APAC countries, there is seen an increase in the aesthetic values in construction, which leads to the demand for such doors in the interiors of the construction both in commercial and residential spaces.

Scope of Report

The report for Global Bifold Doors Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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