The U.S. bifold doors market is projected to experience steady growth in the coming years due to increasing demand for stylish and space-saving door solutions in residential and commercial buildings. The rise in home renovation and construction activities is also expected to drive market growth.
Two growth drivers for the U.S. bifold doors market include the growing popularity of open floor plans in modern architecture, which creates a need for flexible and aesthetic door solutions, and the increasing focus on energy efficiency, leading to the adoption of insulated bifold doors to improve thermal performance.
Segment Analysis:
The U.S. bifold doors market can be segmented based on material (wood, aluminum, vinyl, others), application (residential, commercial), and end-user (new construction, renovation). The residential segment is expected to dominate the market due to the increasing focus on home improvement projects and the rising demand for aesthetically pleasing door designs.
Competitive Landscape:
Key players in the U.S. bifold doors market include JELD-WEN, Pella Corporation, Andersen Corporation, Simpson Door Company, and LaCantina Doors. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to gain a competitive edge in the market. Additionally, increasing investment in marketing and advertising activities to enhance brand visibility and expand their customer base.