Global baler market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). A major factor supporting the market growth is the increasing demand for small and compact balers integrating the Internet of Things (IoT) to bolster investments in the baler market. Compact and portable balers with flexibility and versatility for waste handling applications are becoming more and more in demand, especially for smaller establishments, retail outlets, and isolated areas. Compact balers are perfect for organizations with space constraints or decentralized waste management operations because they are made to fit small spaces while yet providing effective baling capabilities. Baler systems are becoming more and more connected with Internet of Things (loT) technology, which offers real-time monitoring, diagnostics, and predictive maintenance capabilities. IoT-enabled balers enable users to maximize equipment uptime, decrease downtime, and save overall operating costs by gathering and analyzing data on equipment performance, operational efficiency, and maintenance requirements. For instance, in January 2024, New Holland launched Autonomous Bailing Technology. A novel technology, IntelliSense Bale Automation reportedly transforms the way customers and operators approach large square baling by delivering an automated solution for farmers. The new system is compatible with Class 3 ISOBUS tractors - specifically, the T7 LWB, T7 HD, and T8 from New Holland - and model year 2022 and model year 2023 New Holland BigBaler Large Square Balers. Connectivity features also facilitate remote monitoring and control of baler operations, enhancing user convenience and efficiency.

In June 2023, Orwak launched a new series of balers. The new models 3075 & 3150 complement the other members of the COMPACT family well in size and capacity and produce impressive bales that are optimized logistically. The 3075 generates bale weights up to 70 kg and two bales fit perfectly on a Euro pallet. The 3150 produces cardboard bales that weigh up to 150 kg and the bale size is optimized for a Euro pallet. In other words, they offer substantial bales, yet compact machine design. They are ideal for small to medium-sized volumes of packaging materials in a wide range of industries and help save time, space, and money.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- AGCO Corporation, CNH Industrial America LLC., Mahindra & Mahindra Ltd., John Deere, and New Holland Agriculture, among others.

Baler Market Report Segment

By Type

Horizontal Baler
Vertical Baler
Round Baler
Square Baler
Specialty Baler

By Application

Agriculture
Recycling and Waste Management
Retail

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Baler Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Abbriata S.R.L
CLASS KGaA mbH Carlos Mainero & CO SAICFI
Deere & Company
Harris Equipment
IHI Corporation
International Baler Corporation
John Deere
Kubota Corporation
Kühn Group
Lovol
Massey Ferguson
Maschinenfabrik Bernard KRONE GmbH & Co. KG
McHale
New Holland Agriculture
Orwak AB
Pioneer Group
Vermeer Corporation

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