Latest News- Bifold Doors Market: Residential is expected to lead the End-user segment during 2025-2029

The Bifold Doors Market is being driven by Growing popularity of multifamily dwellings

The Bifold Doors Market is expected to grow at a CAGR of 6.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3493.9 million. The global bifold doors market is experiencing significant growth, with the rising demand for aluminum bifold doors being a key driving factor. Aluminum, as a material, offers distinct advantages for bifold door manufacturing. Its durability, lightweight and robust properties make it an ideal choice. Aluminum bifold doors exhibit exceptional resistance to corrosion, rust, and warping, ensuring longevity and minimal maintenance. Moreover, they boast energy efficiency, thanks to thermal breaks that act as insulators, retaining heat during winter and keeping it out during summer, thereby reducing energy consumption and costs. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Residential
  • Non-residential
• Type
  • Interior doors
  • Exterior doors
• Material
  • Wood
  • Aluminum
  • PVC
  • Glass
  • Fiberglass
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • Japan
  • South America
    • Brazil
    • Argentina
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing popularity of multifamily dwellings
• Increasing construction of skyscrapers
• Innovations in energy-efficient bifold doors

However, the market also witnesses some limitations, which are as follows:

• Challenges in affordability of houses
• Intense competition and changing consumer preference
• Stringent regulation and policies in bifold doors

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Market Scope in Bifold Doors Market Research Report

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Research Analysis Overview

The Bifold Doors Market encompasses various factors including door panel thickness, hinge load capacity, track material type, frame structural integrity, door leaf weight, roller bearing lifespan, door seal effectiveness, custom door manufacturing, door opening and closing mechanisms, hardware longevity, material corrosion resistance, installation complexity, maintenance frequency, safety compliance standards, energy savings, noise level reduction, thermal insulation value, water ingress prevention, fire safety performance, door panel aesthetics, hardware selection criteria, door system components, door frame design, door panel design, door panel finish, and hardware finish options. These elements contribute to the functionality, durability, and overall value of bifold doors in both residential and commercial applications.

Market Research Overview

The Bifold Doors market is a significant segment of the global building products industry, encompassing companies that manufacture door panels, hinge mechanisms, folding door hardware, and track systems. According to Technavio's market research, the global building products market is projected to grow due to the expansion of the construction sector in both developed and developing economies. Urbanization and the demand for infrastructure development in areas like healthcare are key drivers, leading to increased demand for building components such as bifold doors. The market's growth is underpinned by advancements in door panel construction, hinge mechanism design, and folding door hardware, as well as the installation of sophisticated track systems.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/