Baler Market by Type (Vertical Balers, Horizontal Balers, Two-Ram Balers), Application (Recycling and Waste Disposal, Agriculture, Food Processing), and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Baler Market Size

The baler market size was valued at $7.47 billion in 2023 and is projected to reach $13.23 billion by 2029, growing at a CAGR of 10.0% from 2023 to 2029.

Baler Market Overview

A baler is a machine designed for the compression and bundling of agricultural materials, primarily hay, straw, or other crops, into compact and manageable shapes known as bales. This equipment plays a crucial role in modern farming and forage management systems. Farmers use balers to efficiently collect and package large volumes of harvested crops, making them easier to handle, transport, and store. Balers come in various types, such as round balers that create cylindrical bales and square balers that produce rectangular bales. The process involves the collection of cut crops in the field, followed by the compression and binding of the material into a compact form. Balers contribute to the optimization of storage space, facilitate convenient transportation, and aid in the preservation of forage quality for livestock feed.

Market Dynamics:

Growth Drivers

• Rising demand for agricultural and industrial waste management solutions.
• Growing inclination for effective material handling.

Constraints

• High initial cost of balers.
• Availability of less expensive alternatives.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Based on type, the market is bifurcated into vertical balers, horizontal balers, two-ram balers, and other types.

By application, the market is fragmented into recycling and waste disposal, agriculture, food processing, and other applications.

List of the Key Players Profiled in the Report Includes:

• John Deere
• Krone
• Kuhn Group
• AGCO Corporation
• CLAAS
• CNH Industrial
• Massey Ferguson
• Kubota Corporation
• Trioliet
• IHI Corporation

Market by, Geography:

The baler market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

The report “Global Baler Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Baler Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Baler Market by, Type 
 6.1 Overview 
 6.2 Vertical Balers 
 6.3 Horizontal Balers 
 6.4 Two-Ram Balers 
 6.5 Other Types 
 
7 Global Baler Market by, Application 
 7.1 Overview 
 7.2 Recycling and Waste Disposal 
 7.3 Agriculture 
 7.4 Food Processing 
 7.5 Other Applications 
 
8 Global Baler Market by, Geography 
 8.1 Overview 
 8.2 North America 
 8.2.1 US
 8.2.2 Canada
 8.2.3 Mexico
 8.3 Europe 
 8.3.1 Germany
 8.3.2 France
 8.3.3 UK
 8.3.4 Italy
 8.3.5 Spain
 8.3.6 Rest of Europe
 8.4 Asia Pacific 
 8.4.1 China
 8.4.2 Japan
 8.4.3 India
 8.4.4 South Korea
 8.4.5 Australia
 8.4.6 New Zealand
 8.4.7 Rest of Asia Pacific
 8.5 South America 
 8.5.1 Brazil
 8.5.2 Argentina
 8.5.3 Chile
 8.5.4 Rest of South America
 8.6 Middle East & Africa 
 8.6.1 UAE
 8.6.2 Saudi Arabia
 8.6.3 Qatar
 8.6.4 Iran
 8.6.5 South Africa
 8.6.6 Rest of Middle East & Africa
 
9 Key Developments 
 
10 Company Profiling 
 10.1 John Deere 
 10.1.1 Business Overview
 10.1.2 Product/Service Offering
 10.1.3 Financial Overview
 10.1.4 SWOT Analysis
 10.1.5 Key Activities
 10.2 Krone 
 10.3 Kuhn Group 
 10.4 AGCO Corporation 
 10.5 CLAAS 
 10.6 CNH Industrial 
 10.7 Massey Ferguson 
 10.8 Kubota Corporation 
 10.9 Trioliet 
 10.10 IHI Corporation