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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Baler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global baler market exhibited moderate growth during 2015-2020. Baler refers to a mechanical equipment used for cutting and compressing raked crops, such as hay, cotton, flax straw and silage, into small square, sphere or rectangle-shaped bales. These bales are convenient to handle, transport and store. The equipment is commonly available in the chain- and belt-based variants. Chain balers use connecting bars, chains and rollers at the bottom of the chamber to spin the material, and the belt balers consist of a series of rollers and belts to spin the material. They are usually manufactured using sheet steel and consists of various components, such as hydraulic cylinders, pumps, tires, wheels and belts. They also aid in maintaining the nutritional content of the bundled crops and can be used to produce bale from plastic, paper, fiberboard, can and foil waste.

Significant growth in the agriculture industry, along with increasing automation of the agricultural infrastructure, is one of the key factors creating a positive outlook for the market. Farmers are widely using balers to utilize crop residue and increasing the productivity of the soil. Additionally, the development of metal recycling balers is acting as another major growth-inducing factor. They are highly cost-effective and aid in minimizing the energy consumption and dependency on mining of the metal. In line with this, the development of innovative equipment with improved mechanized capabilities is also contributing to the market growth. Other factors, including the rising expenditure capacities of the consumers, along with the implementation of favorable government policies promoting sustainable agricultural practices, are anticipated to drive the market toward growth. Looking forward, IMARC Group expects the global baler market to grow at a CAGR of around 6% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global baler market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, distribution channel, application and end user.

Breakup by Product:

  • Round Balers
  • Square Balers
     

Breakup by Distribution Channel:

  • Online
  • Offline
     

Breakup by Application:

  • Agriculture
  • Livestock Industry
  • Others
     

Breakup by End User:

  • Individual
  • Commercial
  • Industrial
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AGCO Corporation, American Baler Company (Avis Industrial Corporation), CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, IHI Corporation, International Baler, Kubota Corporation, Kuhn SAS and Vermeer Corporation.

Key Questions Answered in This Report:

  • How has the global baler market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global baler market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global baler market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Baler Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Round Balers
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Square Balers
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Distribution Channel
    7.1    Online 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Offline
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Agriculture
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Livestock Industry
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by End User
    9.1    Individual
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Commercial
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Industrial
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    AGCO Corporation
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    American Baler Company (Avis Industrial Corporation)
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    CLAAS KGaA mbH
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
        15.3.4    CNH Industrial N.V.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Deere & Company
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    IHI Corporation
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    International Baler
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    Kubota Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Kuhn SAS
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
        15.3.10    Vermeer Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Baler Market: Major Drivers and Challenges
Figure 2: Global: Baler Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Baler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Baler Market: Breakup by Product (in %), 2020
Figure 5: Global: Baler Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Global: Baler Market: Breakup by Application (in %), 2020
Figure 7: Global: Baler Market: Breakup by End User (in %), 2020
Figure 8: Global: Baler Market: Breakup by Region (in %), 2020
Figure 9: Global: Baler (Round Balers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Baler (Round Balers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Baler (Square Balers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Baler (Square Balers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Baler (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Baler (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Baler (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Baler (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Baler (Agriculture) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Baler (Agriculture) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Baler (Livestock Industry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Baler (Livestock Industry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Baler (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Baler (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Baler (Individual) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Baler (Individual) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Baler (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Baler (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Baler (Industrial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Baler (Industrial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: North America: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: North America: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: United States: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: United States: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Canada: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Canada: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Asia-Pacific: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Asia-Pacific: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: China: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: China: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Japan: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Japan: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: India: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: India: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: South Korea: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: South Korea: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Australia: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Australia: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Indonesia: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Indonesia: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Others: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Others: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Europe: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Europe: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Germany: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Germany: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: France: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: France: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: United Kingdom: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: United Kingdom: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Italy: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Italy: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Spain: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Spain: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Russia: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Russia: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Others: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Others: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Latin America: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Latin America: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Brazil: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Brazil: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Mexico: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Mexico: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Others: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Others: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Middle East and Africa: Baler Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Middle East and Africa: Baler Market: Breakup by Country (in %), 2020
Figure 77: Middle East and Africa: Baler Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Global: Baler Industry: SWOT Analysis
Figure 79: Global: Baler Industry: Value Chain Analysis
Figure 80: Global: Baler Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Baler Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Baler Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Baler Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 4: Global: Baler Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Baler Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 6: Global: Baler Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Baler Market: Competitive Structure
Table 8: Global: Baler Market: Key Players

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