The 2nd edition of the ‘Bi-fold Doors Market Report – UK 2020-2024’ has now been published by AMA Research. This report reviews this fast growing sector and its prospects for the next 4 years. The bi-fold doors market is relatively new and expanding, with growth particularly strong in the residential sector in recent years. Demand has largely been ……
….. driven by a sharp rise in consumer spending on home improvements following the economic downturn, together with investment in the leisure sector to create a more flexible environment.
This report reviews the Bifold Doors market in the UK and assesses recent developments within the overall market as well as individual sub-sectors. Aspects examined include market developments, recent trends, sector analysis and key factors influencing future development of the overall market, as well as for each sub-sector.
The bi-fold doors market is still considered relatively new and expanding in the residential sector although it is more mature but still a growth sector in the non-residential sector. A rise in consumer spending on home improvements following the recession, together with the growth in private new house building projects, has helped in boosting demand. Particularly important for expansion of the market has been homeowner adoption of bi-fold doors encouraged by media, home improvement TV shows and by the suppliers themselves who have introduced new and exciting products and developments.
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Large office building programmes have seen the specification of bi-fold doors in commercial environments in contributing to the natural light style of modern offices, with bi-fold doors offering customisable spaces. The attraction of al fresco dining has similarly encouraged demand growth for bi-fold doors for entrance ways in restaurant, bistro and café premises.
Competitive pricing features in the market with the expansion of bi-fold sales where frame materials of aluminium, PVCu and timber compete head-to-head. Most window and door manufacturers and fabricators in both residential and non-residential sectors now offer bi-folds in their portfolio of products. The outlook up to 2020 is very positive with continued very high growth in the short term followed by moderate-to-high growth as the new housing market expands further and the economic outlook supports sustained consumer expenditure on home improvements.
The Bi-fold Doors Market Report – UK 2020-2024 is available now and can be ordered here.
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