Baler Market Report 2026

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.

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