Bifold Doors Market Size

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.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of bifold doors was over USD 11 billion.

The market size for bifold doors is projected to cross USD 24 billion by the end of 2036 expanding at a CAGR of 7% during the forecast period i.e., between 2024-2036.

The major players in the market are Inwido AB, JELD-WEN Inc., Pella Corporation, YKK Corporation, Ply Gem Residential Solutions, Cascade Windows, AG Millworks, AWM Windows and Doors, Sheerline, and Anderson Corporation.

The aluminum doors segment is anticipated to garner a share/size of 25% during 2024-2036.

The North America bifold door sector is poised to hold a 34% share by the end of 2036.

Bifold Doors Market Size