PUBLISHER: The Business Research Company | PRODUCT CODE: 1931887
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931887
A baler is a farm equipment designed to compress harvested crops into manageable, transportable bales for storage. These bales can be rectangular or cylindrical, with varying diameters, and are secured with twine, strapping, netting, or wire. Various types of balers are employed for this purpose. Additionally, industrial balers are utilized in material recycling plants, typically for transporting metal, plastic, or paper bales.
The primary types of balers include round balers and square balers. Round balers bind and compress materials into a round shape for storage and transit. They find applications in agriculture, livestock, and other industries, offering various tying options such as twine, strapping, netting, and wire. These balers are used for compressing hay, straw, cotton, and other materials, serving the needs of both individual and commercial end-users.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the baler market by increasing costs of imported steel structures, hydraulic systems, drive components, and electronic controls used in agricultural and industrial balers. Farming and recycling operations in North America and Europe are most affected due to reliance on imported machinery components, while Asia-Pacific faces pricing pressure on export-oriented baler manufacturing. These tariffs are raising equipment procurement costs and slowing replacement cycles. However, they are also supporting local manufacturing, regional component sourcing, and innovation in robust and cost-effective baler designs.
The baler market research report is one of a series of new reports from The Business Research Company that provides baler market statistics, including baler industry global market size, regional shares, competitors with a baler market share, detailed baler market segments, market trends and opportunities, and any further data you may need to thrive in the baler industry. This baler market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The baler market size has grown strongly in recent years. It will grow from $4.83 billion in 2025 to $5.21 billion in 2026 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to mechanization of agricultural harvesting practices, expansion of livestock farming operations, growth of recycling and waste management facilities, increasing need for efficient storage solutions, improvements in baler durability and performance.
The baler market size is expected to see strong growth in the next few years. It will grow to $7.05 billion in 2030 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing adoption of precision agriculture equipment, rising demand for high-capacity balers, expansion of baler usage in industrial recycling, growing focus on operational cost reduction, increasing investments in smart farm machinery. Major trends in the forecast period include increasing adoption of high-density square balers, rising integration of sensor-based bale monitoring, growing demand for efficient crop residue management, expansion of balers in recycling applications, enhanced focus on fuel and energy efficiency.
The rising demand for ready-to-eat (RTE) food is expected to drive the growth of the baler market going forward. Ready-to-eat food refers to meals that are prepared and packaged in advance and require no further cooking or preparation. Balers are used in RTE food packaging to reduce waste, promote environmental sustainability, lower costs, improve hygiene and cleanliness, and streamline workflow in packaging and processing areas. For example, in April 2024, data from the National Association of Convenience Stores (NACS), a US-based trade association, indicated that total industry foodservice sales accounted for 26.9% of in-store sales in 2023, up from 25.6% in 2022, with prepared food sales increasing by 12.2% per store per month, making it the top in-store category. Thus, the growing demand for ready-to-eat food is boosting the baler market.
Key players in the baler market are focusing on innovative products, such as connected 1 Series round balers, to drive revenue growth. Connected 1 Series round balers are networked, equipped with modern sensors and automated technology to optimize baling processes, and include features to record bale moisture and weight directly in the field. For instance, in August 2023, John Deere, a US-based manufacturer of agricultural, construction, and forestry machinery, launched connected 1 Series round balers. These balers incorporate advanced technology allowing farmers to monitor bale moisture and weight in the field, enhancing productivity and return on investment. With features like programmable controls, improved efficiency, and reduced maintenance requirements, the connected 1 Series round balers are designed to enable highly productive and efficient agricultural operations.
In February 2023, Komar, Inc., a US-based company focused on designing and manufacturing innovative products, particularly in the textile and apparel sector, acquired Maren Engineering Corporation for an undisclosed amount. This acquisition was intended to enhance Komar's engineering and technology capabilities, enabling more efficient production processes and innovative product offerings. By integrating Maren's expertise in automation and engineering solutions, Komar aims to improve its operational efficiency and broaden its product portfolio. This strategic move is expected to bolster Komar's competitive position within the textile industry. Maren Engineering Corporation is a US-based equipment manufacturer and technology innovator.
Major companies operating in the baler market are AGCO Corporation, CLAAS KGaA mbH, CNH Industrial NV, Deere & Company, IHI Corporation, International Baler Corporation, Kubota Corporation, Kuhn SAS, Vermeer Corporation, Maschinenfabrik Bernard Krone GmbH, American Baler Company, Mahindra & Mahindra Limited, Same Deutz - Fahr Group SpA, McHale, Takakita Company Limited, Krone NA Co., Kartar Agro Industries Pvt., Harris Equipment Corporation, Balewulf Line of Balers, Bramidan A/S, Maren Balers & Shredders, Harmony Enterprises, PTR Baler & Compactor, Komar Industries Inc., Excel Manufacturing Ltd., Kenburn Waste Management Ltd., Avermann Maschinenfabrik GmbH & Co. KG, Strautmann Umwelttechnik GmbH, HSM GmbH + Co. KG, Presona AB
Asia-Pacific was the largest region in the baler market in 2025. The regions covered in the baler market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the baler market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The baler market consists of sales of small square balers and large square balers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Baler Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses baler market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for baler ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The baler market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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