Baler Market Report 2025

The baler market size has grown strongly in recent years. It will grow from $4.53 billion in 2024 to $4.89 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to waste management needs, agricultural practices, paper and pulp industry, efficiency and labor savings, growing dairy and livestock industry, environmental awareness.

The baler market size is expected to see strong growth in the next few years. It will grow to $6.75 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to circular economy initiatives, demand for recyclable materials, bioenergy production, urbanization and waste generation, emerging markets. Major trends in the forecast period include integration of IoT and smart technologies, customization for different materials, growth in e-commerce packaging recycling, expansion of baler rental services, integration of conveyor systems, global market expansion.

The rising adoption of livestock farming is fueling the growth of the baler market. Livestock farming involves the breeding and domestication of animals. As livestock farming gains popularity due to the increasing demand for meat, the need for balers is expected to rise during the forecast period. For instance, in August 2024, a report published by the Department for Environment, Food & Rural Affairs, a UK government agency, revealed that the total pig population in England increased by 1.3%, reaching 3.7 million animals. Although the number of breeding pigs decreased by 1% to 326,000 animals, the population of fattening pigs grew by 1.5%. Thus, the growing adoption of livestock farming is projected to drive the expansion of the baler market.

The rising demand for ready-to-eat (RTE) food is anticipated to boost the growth of the baler market in the future. Ready-to-eat food refers to meals that are pre-prepared and packaged, requiring no further preparation or cooking before serving. Balers are utilized in the packaging of ready-to-eat food to minimize waste, promote environmental sustainability, reduce costs, enhance hygiene and cleanliness, and facilitate a more efficient workflow in packaging and processing areas. For example, in 2022, the Ministry of Commerce & Industry in India reported that India's exports of ready-to-eat foods surged by 24% to $394 million in 2021-22 (April-October) compared to the same period in 2020-21 (April-October). Therefore, the growing demand for ready-to-eat (RTE) food is driving the expansion of the baler market.

Technological innovation is a pivotal trend gaining traction within the baler market. Key companies are actively pursuing advancements in technology and conducting research to develop sophisticated products. For instance, in March 2022, New Holland Agriculture, a US-based agricultural machinery manufacturer, unveiled a baler equipped with premium Pro-Belt technology. This offering includes both rotor feeder and 25-knife rotor cutter versions with variable chamber configurations for bale sizes of 165 cm and 190 cm. The baler incorporates features such as an automatic greaser, moisture meter, service lights, and IntelliBale compatibility as standard. Its design emphasizes durability by employing fewer chains and rollers than previous models, utilizing larger rollers, bearings, and sprockets with diamond chains, ensuring reliability in various crop scenarios and high annual usage.

Prominent players in the baler market are directing their focus towards pioneering products, such as the connected 1 series round balers, to drive market revenues. These advanced balers are networked and incorporate modern sensors and automated technology aimed at optimizing baling processes. Notably, they introduce innovative capabilities to record bale moisture and weight while operating in the field. For instance, in August 2023, John Deere, a renowned US-based manufacturer of agricultural, construction, and forestry machinery, introduced their connected 1 series round balers. These cutting-edge balers feature state-of-the-art technology enabling farmers to monitor bale moisture and weight directly in the field, significantly enhancing productivity and return on investment. Boasting programmable controls, heightened efficiency, and reduced maintenance requirements, the linked 1 Series round balers are engineered to facilitate 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 2024. The regions covered in the baler market report are Asia-Pacific, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

The baler market research report is one of a series of new reports 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 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.

This product will be delivered within 3-5 business days.