Bifold Doors Market 2024-2028: Size and Challenges in affordability of houses; growth driven by the End-user, Some of key Companies Positioned Strategically
The bifold doors market size by End-user (Residential and Non-residential), Type (Interior doors and Exterior doors), and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 3.05 billion. The market is expected to grow at a CAGR of over 5.95% between 2024 and 2028.
- The housing sector, a significant contributor to the global bifold doors market, faces the challenge of affordability, particularly in urban areas with constrained housing markets. This issue can impact market growth as housing is a critical investment component in numerous nations, representing a substantial portion of individual wealth. Housing market fluctuations, including booms and busts, can significantly influence the economy and, consequently, the bifold doors market. Therefore, addressing housing affordability is essential to ensure sustained growth in this sector and the bifold doors market as a whole.
- The North America bifold doors market is experiencing robust growth, with the US being a significant contributor due to its high urban population and disposable income levels. In 2022, the US led the North American market in terms of revenue generation. The expansion of the residential sector, driven by increased investment in housing construction, is expected to fuel the market's growth in the region over the forecast period. The US market remains strong, underpinned by the continued growth of the residential sector.
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Some of the Key Companies:
- AG Millworks
- ANDERSEN Corp.
- Associated Design and Installations Ltd.
- AWM Building Maintenance Ltd.
- Brennan Enterprises.
- Clear View Bi folding Doors Ltd.
- Cornerstone Building Brands Inc.
- Euramax Solutions Ltd.
- Frameless Glass Curtains Ltd.
- JELD WEN HOLDING Inc.
- Kloeber UK Ltd.
- LaCantina Doors Inc.
- Lux Windows and Glass Ltd.
- Marvin Lumber and Cedar Co.
- Origin Frames Ltd.
- Pella Corp.
- Sightline Aluminium Glazing Systems
- Solarlux GmbH
- Sunflex UK
- The Bi Folding Door Co.
- TWR Trade Frames Ltd.
- Viva Doors Ltd.
- YKK Group
- Deceuninck Group
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