Bifold Doors Market size was over USD 11 Billion in 2023 and is set to cross USD 24 Billion by the end of 2036, growing at more than 7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of bifold doors is estimated at USD 14 Billion.
The increasing adoption of bifold doors in residential and non-residential sectors is the primary reason driving the market growth of the bifold doors market. These doors allow maximum light present outside to enter buildings without disturbing the privacy. According to the United States Census Bureau, residential construction was at a seasonally adjusted annual rate of USD884.3 billion in March 2024 whereas the annual rate of nonresidential construction was USD716.5 billion in the same time.
Additionally, these doors are ideal for commercial and non-commercial industries due to their solid construction and ease of use. These doors have become popular due to their potential to link exteriors with interiors, making them ideal for homes with gardens and commercial spaces.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
7% |
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Base Year Market Size (2023) |
USD 11 Billion |
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Forecast Year Market Size (2036) |
USD 24 Billion |
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Regional Scope |
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Material (Wood, Metal, Glass, Fiberglass, Aluminum, PVC)
Aluminum segment is set to dominate over 25% bifold doors market share by 2036. The segment growth can be attributed to the durability and strong structural strength, as it ensures longer life and stability for bifold doors.
These doors are constructed in such a way that they can withstand harsh weather conditions, including extreme temperatures and humidity, without warping or deteriorating. According to a recent report, the chemical, physical, and mechanical properties of aluminum alloys are the reason behind the global rapid consumption of metal for making doors and windows which is over 5% every year and it is the third most abundant metal found on earth.
Application (Interior Doors, Exterior Doors)
By the end of 2036, interior doors segment is estimated to account for more than 67% bifold doors market share. The segment growth can be attributed to the growing demand in the construction sector and the increase in expenditure on home modernization projects.
Interior bifold doors are substitutes for hinged or sliding doors, mainly for the ones that are designed to separate rooms and make a flexible closed, or open living space.
End User (Residential, Non-Residential)
In bifold doors market, residential segment is expected to dominate over 59% revenue share by 2036. The segment growth can be attributed to the growing consumer finances, increasing employment, and lower interest rates. These factors are going to help in decreasing the stock of excess housing and promote new starts worldwide. Additionally, lower levels of unemployment are growing, and not all the people living in the area have the potential to bear the cost of a house.
Additionally, economic growth with increased employment, will result in a better housing market, driving the demand for bi-fold doors. According to the Organization for Economic Co-operation and Development, employment, and labor force participation rates remained broadly stable at 70.1% and 73.8% in the fourth quarter of 2023. Thus, the increasing house prices indicate a strong demand for housing in the residential construction segment, driving the segment’s growth.
Our in-depth analysis of the global market includes the following segments:
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Material |
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Application |
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End User |
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North American Market Statistics
North America region in bifold doors market is set to dominate over 34% revenue share by 2036. The market growth in the region is also expected on account of the rise in green buildings. With the growing demand for the construction of green buildings, the need for doors and windows is progressively increasing. According to the U.S. Green Building Council, 18% of new institutional construction is based on the idea of green buildings to build a better-performing building.
This region consists of a highly developed country with a population that has a high spending potential. Thus, people living in the region can easily afford to have bifold doors in their houses. In 2022, the US was the leading revenue-generating country in North America as a result of the growing residential sector. As per Associated General Contractors of America, more than 919,000 construction establishments took place in the U.S. in the 1st quarter of 2023 which created employment for around 8.0 million. The strong growth in the residential segment can be seen in the increasing number of new housing units started in the US.
The growing construction sector with increasing exports and imports is playing a vital role in propelling the growth of the bifold doors market in Canada.
APAC Market Analysis
The APAC region will also encounter huge growth for the bifold doors market by 2036 and will hold the second position owing to the notable population shift from rural to urban areas fueling the demand for construction, driving the need for bifold doors. According to the United Nations Settlements Programme, urbanization is the megatrend in the Asia Pacific region where 54% of the global urban population means more than 2.2 billion people live in Asia. By 2050, this population is evaluated to increase by 50%.
Additionally, modernization and changing lifestyles of the people are leading to increased adoption of bifold doors. These doors have the potential to provide ventilation naturally and maximize the amount of natural light entering the house. Growing environmental concerns and energy efficiency regulations are driving the demand for energy-efficient building solutions in the Asia-Pacific bifold doors market.
The increase in consumer preference for modernized interior design is driving the market growth of bifold doors in the country. China exports bifold doors to the U.S., India, and Vietnam. These doors are exported by 1164 China exporters to 1374 buyers.
The growing demand for energy-efficient doors in Korea, which reduce energy loss and limits the condensation caused by the high thermal conductivity of aluminum, thereby enhancing thermal insulation with less concern for condensation.
Bifold doors are used in Japan to maximize space efficiency, mainly to create a more spacious and open place that is also connected to the garden outside.
The major players in the bifold doors market aim to innovate and develop high-performance bifold door systems that offer enhanced durability, security, and energy efficiency.
Author Credits: Parul Atri
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