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Baler Market Size, Share & Trends Analysis Report by Product (Round Balers, Square Balers), by Region (North America, Europe, Asia Pacific, Latin America, MEA), and Segment Forecasts, 2020-2027

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    Report

  • 101 Pages
  • December 2020
  • Region: Global
  • Grand View Research
  • ID: 5230436
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Baler Market Growth & Trends

The global baler market size is expected to reach USD 8.9 billion by 2027. It is expected to expand at a CAGR of 8.9% from 2020 to 2027. Baler is used for squeezing together a cut and raked crop to form compact bales, which are easier to handle, store, and transport. The market is primarily driven by the growing demand in the Asia Pacific region, coupled with rising government initiatives to encourage balers' adoption. For instance, in 2018, the state government of Andhra Pradesh, India, provided paddy balers at a subsidy of fifty percent. As a result, approximately 150 to 200 new farmers adopted balers in the state.

The growing adoption of livestock farming due to the increasing demand for meat is expected to augment the demand for balers over the forecast period. Farmers are increasingly adopting baler as it is convenient to use bales for the transportation and storage of straw and hays. Furthermore, leading baler manufacturers, such as CNH Industrial N.V, Deere and Company, and KUBOTA Corporation, are investing in the development of customized balers to cater to the different needs of the farmers.

The market is characterized by a moderate degree of competition due to the presence of several companies operating at the global level. These companies are investing in R&D to enhance their product offerings by the introduction of technologically-advanced equipment. For instance, in July 2019, Kubota Corporation established a new research and development center in Georgia. Through this, the company aims to determine the specific needs of the North American market accurately. The center is dedicated to the development of mowers, utility vehicles, and balers.

Baler Market Report Highlights
  • By product, the round balers segment is anticipated to expand at the fastest CAGR in terms of revenue and volume over the forecast period owing to its rising adoption in Asia Pacific.
  • The square balers product segment is further segregated as small and large square balers. Small square balers accounted for more than half of the total square balers’ shipments in 2019.
  • Asia Pacific held the largest revenue share of 36.7% in 2019. This share is attributed to the increasing adoption of baler in developing countries, such as India and China.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Baler Market - Industry Snapshot & Key Buying Criteria, 2016 - 2027
2.2. Baler Market, 2016 - 2027
Chapter 3. Baler Industry Outlook
3.1. Market Segmentation
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint/challenge analysis
3.3.3. Market opportunity analysis
3.4. Penetration & Growth Prospects Mapping
3.5. Industry Analysis - Porter's Five Force Analysis
3.6. PEST Analysis
Chapter 4. Baler Market: Product Outlook
4.1. Baler Market Estimates & Forecasts, By Product, 2019 & 2027 (USD Million; Units)
4.2. Round Balers
4.2.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
4.2.2. Market estimates and forecasts, by region, 2016 - 2027 (USD Million; Units)
4.3. Square Balers
4.3.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
4.3.2. Market estimates and forecasts, by region, 2016 - 2027 (USD Million; Units)
4.3.3. Small Square Balers
4.3.3.1 Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
4.3.3.2 Market estimates and forecasts, by region, 2016 - 2027 (USD Million; Units)
4.3.4. Large Square Balers
4.3.3.2 Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
4.3.3.2 Market estimates and forecasts, by region, 2016 - 2027 (USD Million; Units)
Chapter 5. Baler Market: Regional Outlook
5.1. Baler Market Estimates & Forecasts, By Region, 2019 & 2027 (USD Million; Units)
5.2. North America
5.2.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.2.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.2.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.2.4. U.S.
5.2.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.2.4.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.2.4.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.2.5. Canada
5.2.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.2.5.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.2.5.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.3. Europe
5.3.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.3.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.3.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.3.4. U.K.
5.3.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.3.4.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.3.4.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.3.5. Germany
5.3.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.3.5.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.3.5.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.3.6. France
5.3.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.3.6.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.3.6.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.4. Asia Pacific
5.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.4.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.4.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.4.4. China
5.4.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.4.4.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.4.4.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.4.5. India
5.4.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.4.5.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.4.5.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.4.6. Japan
5.4.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.4.6.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.4.6.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.5. Latin America
5.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.5.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.5.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.5.4. Brazil
5.5.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.5.4.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.5.4.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.5.5. Mexico
5.5.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.5.5.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.5.5.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
5.6. Middle East & Africa
5.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million; Units)
5.6.2. Market estimates and forecasts, by product, 2016 - 2027 (USD Million; Units)
5.6.3. Market estimates and forecasts, by square baler, 2016 - 2027 (USD Million; Units)
Chapter 6. Competitive Landscape
6.1. AGCO Corporation
6.1.1. Company overview
6.1.2. Financial performance
6.1.3. Product benchmarking
6.1.4. Recent developments
6.2. CLAAS KGaA mbH
6.2.1. Company overview
6.2.2. Financial performance
6.2.3. Product benchmarking
6.2.4. Recent developments
6.3. CNH Industrial N.V.
6.3.1. Company overview
6.3.2. Financial performance
6.3.3. Product benchmarking
6.3.4. Recent developments
6.4. Deere & Company
6.4.1. Company overview
6.4.2. Financial performance
6.4.3. Product benchmarking
6.4.4. Recent developments
6.5. IHI Corporation
6.5.1. Company overview
6.5.2. Financial performance
6.5.3. Product benchmarking
6.5.4. Recent developments
6.6. Kuhn SAS
6.6.1. Company overview
6.6.2. Financial performance
6.6.3. Product benchmarking
6.6.4. Recent developments
6.7. Kubota Corporation
6.7.1. Company overview
6.7.2. Financial performance
6.7.3. Product benchmarking
6.7.4. Recent developments
6.8. Maschinenfabrik Bernard Krone GmbH
6.8.1. Company overview
6.8.2. Financial performance
6.8.3. Product benchmarking
6.8.4. Recent developments
6.9. Mahindra & Mahindra
6.9.1. Company overview
6.9.2. Financial performance
6.9.3. Product benchmarking
6.9.4. Recent developments
6.10. Same Deutz - Fahr Group S.p.A.
6.10.1. Company overview
6.10.2. Financial performance
6.10.3. Product benchmarking
6.10.4. Recent developments
List of Tables
Table 1 Baler Market-Industry snapshot & key buying criteria, 2016-2027
Table 2 Global baler software market, 2016-2027 (USD Million)
Table 3 Global baler software market, 2016-2027 (Units)
Table 4 Global baler market, by region, 2016-2027 (USD Million)
Table 5 Global baler market, by region, 2016-2027 (Units)
Table 6 Global baler market, by product, 2016-2027 (USD Million)
Table 7 Global baler market, by product, 2016-2027 (Units)
Table 8 Global baler market, by square balers, 2016-2027 (USD Million)
Table 9 Global baler market, by product, 2016-2027 (Units)
Table 10 Round balers market, 2016-2027 (USD Million)
Table 11 Round balers market, 2016-2027 (Units)
Table 12 Round balers market, by region, 2016-2027 (USD Million)
Table 13 Round balers market, by region, 2016-2027 (Units)
Table 14 Square balers market, 2016-2027 (USD Million)
Table 15 Square balers market, 2016-2027 (Units)
Table 16 Square balers market, by region, 2016-2027 (USD Million)
Table 17 Square balers market, by region, 2016-2027 (Units)
Table 18 Small square balers market, 2016-2027 (USD Million)
Table 19 Small square balers market, 2016-2027 (Units)
Table 20 Small square balers market, by region, 2016-2027 (USD Million)
Table 21 Small square balers market, by region, 2016-2027 (Units)
Table 22 Large square balers market, 2016-2027 (USD Million)
Table 23 Large square balers market, 2016-2027 (Units)
Table 24 Large square balers market, by region, 2016-2027 (USD Million)
Table 25 Large square balers market, by region, 2016-2027 (Units)
Table 26 North America baler market, 2016-2027 (USD Million)
Table 27 North America baler market, 2016-2027 (Units)
Table 28 North America baler market, by product, 2016-2027 (USD Million)
Table 29 North America baler market, by product, 2016-2027 (Units)
Table 30 North America baler market, by square balers, 2016-2027 (USD Million)
Table 31 North America baler market, by square balers, 2016-2027 (Units)
Table 32 U.S. baler market, 2016-2027 (USD Million)
Table 33 U.S. baler market, 2016-2027 (USD Units)
Table 34 U.S. baler market, by product, 2016-2027 (USD Million)
Table 35 U.S. baler market, by product, 2016-2027 (Units)
Table 36 U.S. baler market, by square balers, 2016-2027 (USD Million)
Table 37 U.S. baler market, by square balers, 2016-2027 (Units)
Table 38 Canada baler market, 2016-2027 (USD Million)
Table 39 Canada baler market, 2016-2027 (USD Units)
Table 40 Canada baler market, by product, 2016-2027 (USD Million)
Table 41 Canada baler market, by product, 2016-2027 (Units)
Table 42 Canada baler market, by square balers, 2016-2027 (USD Million)
Table 43 Canada baler market, by square balers, 2016-2027 (Units)
Table 44 Europe baler market, 2016-2027 (USD Million)
Table 45 Europe baler market, 2016-2027 (Units)
Table 46 Europe baler market, by product, 2016-2027 (USD Million)
Table 47 Europe baler market, by product, 2016-2027 (Units)
Table 48 Europe baler market, by square balers, 2016-2027 (USD Million)
Table 49 Europe baler market, by square balers, 2016-2027 (Units)
Table 50 U.K. baler market, 2016-2027 (USD Million)
Table 51 U.K. baler market, 2016-2027 (USD Units)
Table 52 U.K. baler market, by product, 2016-2027 (USD Million)
Table 53 U.K. baler market, by product, 2016-2027 (Units)
Table 54 U.K. baler market, by square balers, 2016-2027 (USD Million)
Table 55 U.K. baler market, by square balers, 2016-2027 (Units)
Table 56 Germany baler market, 2016-2027 (USD Million)
Table 57 Germany baler market, 2016-2027 (USD Units)
Table 58 Germany baler market, by product, 2016-2027 (USD Million)
Table 59 Germany baler market, by product, 2016-2027 (Units)
Table 60 Germany baler market, by square balers, 2016-2027 (USD Million)
Table 61 Germany baler market, by square balers, 2016-2027 (Units)
Table 62 France baler market, 2016-2027 (USD Million)
Table 63 France baler market, 2016-2027 (USD Units)
Table 64 France baler market, by product, 2016-2027 (USD Million)
Table 65 France baler market, by product, 2016-2027 (Units)
Table 66 France baler market, by square balers, 2016-2027 (USD Million)
Table 67 France baler market, by square balers, 2016-2027 (Units)
Table 68 Asia Pacific baler market, 2016-2027 (USD Million)
Table 69 Asia Pacific baler market, 2016-2027 (Units)
Table 70 Asia Pacific baler market, by product, 2016-2027 (USD Million)
Table 71 Asia Pacific baler market, by product, 2016-2027 (Units)
Table 72 Asia Pacific baler market, by square balers, 2016-2027 (USD Million)
Table 73 Asia Pacific baler market, by square balers, 2016-2027 (Units)
Table 74 China baler market, 2016-2027 (USD Million)
Table 75 China baler market, 2016-2027 (USD Units)
Table 76 China baler market, by product, 2016-2027 (USD Million)
Table 77 China baler market, by product, 2016-2027 (Units)
Table 78 China baler market, by square balers, 2016-2027 (USD Million)
Table 79 China baler market, by square balers, 2016-2027 (Units)
Table 80 India baler market, 2016-2027 (USD Million)
Table 81 India baler market, 2016-2027 (USD Units)
Table 82 India baler market, by product, 2016-2027 (USD Million)
Table 83 India baler market, by product, 2016-2027 (Units)
Table 84 India baler market, by square balers, 2016-2027 (USD Million)
Table 85 India baler market, by square balers, 2016-2027 (Units)
Table 86 Japan baler market, 2016-2027 (USD Million)
Table 87 Japan baler market, 2016-2027 (USD Units)
Table 88 Japan baler market, by product, 2016-2027 (USD Million)
Table 89 Japan baler market, by product, 2016-2027 (Units)
Table 90 Japan baler market, by square balers, 2016-2027 (USD Million)
Table 91 Japan baler market, by square balers, 2016-2027 (Units)
Table 92 Latin America baler market, 2016-2027 (USD Million)
Table 93 Latin America baler market, 2016-2027 (Units)
Table 94 Latin America baler market, by product, 2016-2027 (USD Million)
Table 95 Latin America baler market, by product, 2016-2027 (Units)
Table 96 Latin America baler market, by square balers, 2016-2027 (USD Million)
Table 97 Latin America baler market, by square balers, 2016-2027 (Units)
Table 98 Brazil baler market, 2016-2027 (USD Million)
Table 99 Brazil baler market, 2016-2027 (USD Units)
Table 100 Brazil baler market, by product, 2016-2027 (USD Million)
Table 101 Brazil baler market, by product, 2016-2027 (Units)
Table 102 Brazil baler market, by square balers, 2016-2027 (USD Million)
Table 103 Brazil baler market, by square balers, 2016-2027 (Units)
Table 104 Mexico baler market, 2016-2027 (USD Million)
Table 105 Mexico baler market, 2016-2027 (USD Units)
Table 106 Mexico baler market, by product, 2016-2027 (USD Million)
Table 107 Mexico baler market, by product, 2016-2027 (Units)
Table 108 Mexico baler market, by square balers, 2016-2027 (USD Million)
Table 109 Mexico baler market, by square balers, 2016-2027 (Units)
Table 110 Middle East & Africa baler market, 2016-2027 (USD Million)
Table 111 Middle East & Africa baler market, 2016-2027 (Units)
Table 112 Middle East & Africa baler market, by product, 2016-2027 (USD Million)
Table 113 Middle East & Africa baler market, by product, 2016-2027 (Units)
Table 114 Middle East & Africa baler market, by square balers, 2016-2027 (USD Million)
Table 115 Middle East & Africa baler market, by square balers, 2016-2027 (Units)
Table 116 Company/Competition Categorization (Key Innovators/market Leaders/Emerging Players)
Table 117 Key emerging player/technology disrupters/innovators
List of Figures
Fig. 1 Market segmentation & scope
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Market formulation and data visualization
Fig. 6 Industry Snapshot
Fig. 7 Baler Market Penetration & Growth Prospect Mapping (Key Opportunity Prioritized)
Fig. 8 Baler Market Driver Impact Analysis
Fig. 9 Primary Livestock Meat Production (Million Tones), 2015 - 2018
Fig. 10 Export of Straw or Fodder Balers, Including Pick - up Balers, 2015 - 2019 (USD Million)
Fig. 11 Import of Straw or Fodder Balers, Including Pick - up Balers, 2015 - 2019 (USD Million)
Fig. 12 Baler Market Restraint/Challenge Impact Analysis
Fig. 13 Baler Market Opportunity Impact Analysis
Fig. 14 Industry Analysis - Porter’s Five Forces
Fig. 15 PEST Analysis
Fig. 16 North America: Estimated Volume Share of 2 - String and 3 - String Balers
Fig. 17 Europe: Estimated Volume Share of 2 - String and 3 - String Balers
Fig. 18 Asia Pacific: Estimated Volume Share of 2 - String and 3 - String Balers
Fig. 19 Latin America: Estimated Volume Share of 2 - String and 3 - String Balers
Fig. 20 Middle East & Africa: Estimated Volume Share of 2 - String and 3 - String Balers
Fig. 21 Baler Market, by Product, Key Takeaways (USD Million)
Fig. 22 Product Analysis & Market Share, 2019 & 2027
Fig. 23 Regional market size estimates & forecasts, 2016 - 2027 (USD Million)
Fig. 24 North America Baler Market Outlook and Market Share by Country, 2019 & 2027 (USD Million)
Fig. 25 Europe Baler Market Outlook and Market Share by Country, 2019 & 2027 (USD Million)
Fig. 26 Asia Pacific Baler Market Outlook and Market Share by Country, 2019 & 2027 (USD Million)
Fig. 27 Latin America Baler Market Outlook and Market Share by Country, 2019 & 2027 (USD Million)
Fig. 28 Middle East & Africa Baler Market Outlook and Market Share by Country, 2019 & 2027 (USD Million)
Fig. 29 Key Company Ranking, 2019
Fig. 30 Competitive Dashboard Analysis (Public/Private)

Companies Mentioned

  • AGCO Corporation
  • CLAAS KGaA mbH
  • CNH Industrial N.V.
  • Deere & Company
  • IHI Corporation
  • Kuhn SAS
  • Kubota Corporation
  • Maschinenfabrik Bernard Krone GmbH
  • Mahindra & Mahindra
  • Same Deutz - Fahr Group S.p.A.

Methodology

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