Global Bifold Door Market-Industry Analysis And Forecast (2019 – 2027)


Global Bifold Door Market-Industry Analysis and forecast (2019 – 2027)

Global Bifold Door Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 6.2% from 2019 to 2027, reaching nearly US$ XX Bn.

Global Bifold Door Market

Global Bifold Door Market

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report and the same is reflected in our analysis.

A bifold door is a type of door which opens by folding back in sections or so-called panels. Bifold doors can be used as external or internal room dividers and are made from a variety of materials. Most bifold doors are glazed and the panels have frames of either wood or aluminum.

The global bifold door market dynamics are thoroughly studied and explained in the MMR report, which helps the reader to understand emerging market trends, drivers, restraints, opportunities, and challenges at the global and regional level for the bifold market. The demand for such a bifold door is highly application based and relies on the investment and developments in the real-estate sector. Also, rising investment by foreign investors in the construction industry in economies such as India, Indonesia, China, and others has augmented the demand for such doors in the developing region. The market is expected to show a high growth rate in the coming time thanks to the investment by manufacturers in order to introduce many materials in the manufacturing of doors along with the introduction of automation and smart glass in such bifold door systems.

CPCF (Construction Productivity and Capability Fund) announced by the Building and Construction Authority and Singapore is investing around US$ 600 MN to boom the construction sector which is also expected to drive the bifold door demand. However, the high costs associated with the installation of bifold doors may hinder market growth. Also, the installation of bifold doors can be challenging to do-it-yourself users, which may inhibit the market growth.

The report covers the segments in the bifold door market such as material, end-user, and application. By material, the glass segment was valued at US$ XX.24 Mn in 2019 and is expected to reach US$ XX.43 Mn by 2027 at a CAGR of XX.34% over the forecast period. The application of glass bifold doors as the door-wall system is widely preferred by many residential users.

The Asia Pacific accounted for the largest market share in 2019, with a market value of US$ XX.12 million; the regional market is expected to register a CAGR of XX.89% during 2020-2027. This is because of rapid urbanization and growing disposable income in the APAC economies, there is seen an upsurge in the aesthetic values in construction, which leads to the demand for such doors in the interiors of the construction both in residential and commercial spaces.

The report also focuses on global major leading industry players of the bifold door market providing information such as company profiles, product picture and specification, capacity, production, cost, and revenue. Such as, in 2018, the total revenue of Andersen Corporation was US$ $2.5 billion. Andersen divested itself of Silver Line Building Products, its vinyl windows and patio doors brand to Ply-Gem.

The objective of the report is to present a comprehensive analysis of the Global Bifold Door Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Bifold Door Market dynamics, structure by analyzing the market segments and projects the Global Bifold Door Market size. Clear representation of competitive analysis of key players by application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Bifold Door Market make the report investor’s guide.

Scope of the Global Bifold Door Market:

Global Bifold Door Market, By Material

• Wood
• Metal
• Glass
• Vinyl
• Fiberglass
• Others

Global Bifold Door Market, By Application

• Interior Doors
• Exterior Doors

Global Bifold Door Market, By End-User

• Residential
• Nonresidential

Global Bifold Door Market, By Region

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa

Key payers operating in the Global Bifold Door Market

• Andersen Corporation
• Реllа
• Рlу Gеm
• Еvеrеѕt
• Маѕоnіtе
• Оѕtасо Wіndоwѕ аnd Dооrѕ
• Rоуаl Вuіldіng Рrоduсtѕ
• Ѕеаl-Lіtе Grоuр
• Ѕtеvеѕ Dооrѕ
• Vіvа Dооrѕ
• НL Рlаѕtісѕ
• Коlbе Wіndоwѕ & Dооrѕ
• КМ Wіndоwѕ аnd Dооrѕ
• Luх Wіndоwѕ & Glаѕѕ
• Маѕсо Соrроrаtіоn (Міlgаrd Маnufасturіng)
• Маrvіn Wіndоwѕ аnd Dоо

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Keywords: global bifold door market


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