Market Overview:
The global round balers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hay, rice, wheat, maize and other agricultural products across the globe. In addition, factors such as rising population and rapid industrialization are also contributing to the growth of this market. On the basis of type, the global round balers market is segmented into variable chamber round balers and fixed chamber round balers. The variable chamber round baler segment is expected to grow at a higher CAGR than that of fixed chamber round baler segment during the forecast period from 2018 to 2030 owing to its features such as easy operation and low maintenance cost.
Product Definition:
Round balers are agricultural machines that bale hay into round shapes. The importance of round balers is that they make it easier to store and transport hay.
Variable Chamber Round Balers:
Variable chamber round balers are used to bale hay and straw. It is also applicable in small grain crops like oats, barley, and wheat. The product has the ability to change its feeding speed which helps in uniformity of feed as well as reduces labor intensity.
The variable chamber round balers have a high demand owing to their operational efficiency coupled with low fuel consumption ability.
Fixed Chamber Round Balers:
Fixed chamber round balers are used in the market for round balers. It is a type of rotating air compressor which is fixed with respect to its rotational axis and stationary with respect to its feeding device. The main function of this equipment is to compress the waste gases into a lower volume before it passes through the exhausts and re-enters into the atmosphere.
Application Insights:
Round balers are used for drying, compacting and pulverizing agricultural products such as corn, wheat, rice and maize. The application of round balers helps in improving the quality of these products by reducing their volume. In addition, it also aids in increasing the shelf life of these food grains thereby saving costs on storage facilities.
The demand for maize round bale is expected to witness a CAGR of XX% from 2018 to 2030 owing to its use as animal feed supplement and its health benefits over other cereals like wheat & rye due to higher protein content in maize grain. Moreover, increased consumption of alcoholic beverages during various events including weddings is anticipated to drive the market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global round balers market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for agricultural machinery and rising awareness about its benefits among farmers. China accounted for a major share of global market revenue in 2017, which can be attributed to large farm sizes and well-developed agriculture sector in the country. Moreover, India is also anticipated to have a considerable impact on regional growth over the next eight years owing to rapid urbanization and developing economy.
North America accounted for more than 20% of total revenue share in 2017 due Balers Market Report By Type (Conventional, Cylinder), By Application (Horticulture & Field Crops) And Segment Forecasts To 2030 Â to its early adoption of technology coupled with high disposable income level among consumers especially those living in U.S.
Growth Factors:
- Increasing demand for food due to population growth
- Rising disposable income of consumers in developing countries
- Urbanization and the consequent shift to more processed and packaged foods
- Proliferation of supermarkets and modern retail formats that promote round balers usage 5. Technological advancements that improve the efficiency and performance of round balers
Scope Of The Report
Report Attributes
Report Details
Report Title
Round Balers Market Research Report
By Type
Variable Chamber Round Balers, Fixed Chamber Round Balers
By Application
Hay, Rice, Wheat, Maize, Others
By Companies
John Deere, Vermeer, Claas, Krone, Minos, Abbriata, Case IH, Massey Ferguson, Kuhn, New Holland, John Deere, Shanghai Star, Yulong Machinery, Shen Yang Fang Ke, Yu Gong Agricultural Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Round Balers Market Report Segments:
The global Round Balers market is segmented on the basis of:
Types
Variable Chamber Round Balers, Fixed Chamber Round Balers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hay, Rice, Wheat, Maize, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- John Deere
- Vermeer
- Claas
- Krone
- Minos
- Abbriata
- Case IH
- Massey Ferguson
- Kuhn
- New Holland
- John Deere
- Shanghai Star
- Yulong Machinery
- Shen Yang Fang Ke
- Yu Gong Agricultural Machinery
Highlights of The Round Balers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Variable Chamber Round Balers
- Fixed Chamber Round Balers
- By Application:
- Hay
- Rice
- Wheat
- Maize
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Round Balers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Round balers are a type of baler that have a cylindrical shape. They are often used to reduce the size of hay or straw bales.
Some of the major players in the round balers market are John Deere, Vermeer, Claas, Krone, Minos, Abbriata, Case IH, Massey Ferguson, Kuhn, New Holland, John Deere, Shanghai Star, Yulong Machinery, Shen Yang Fang Ke, Yu Gong Agricultural Machinery.
The round balers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Round Balers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Round Balers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Round Balers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Round Balers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Round Balers Market Size & Forecast, 2018-2028
4.5.1 Round Balers Market Size and Y-o-Y Growth
4.5.2 Round Balers Market Absolute $ Opportunity
Chapter 5 Global Round Balers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Round Balers Market Size Forecast by Type
5.2.1 Variable Chamber Round Balers
5.2.2 Fixed Chamber Round Balers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Round Balers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Round Balers Market Size Forecast by Applications
6.2.1 Hay
6.2.2 Rice
6.2.3 Wheat
6.2.4 Maize
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Round Balers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Round Balers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Round Balers Analysis and Forecast
9.1 Introduction
9.2 North America Round Balers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Round Balers Market Size Forecast by Type
9.6.1 Variable Chamber Round Balers
9.6.2 Fixed Chamber Round Balers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Round Balers Market Size Forecast by Applications
9.10.1 Hay
9.10.2 Rice
9.10.3 Wheat
9.10.4 Maize
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Round Balers Analysis and Forecast
10.1 Introduction
10.2 Europe Round Balers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Round Balers Market Size Forecast by Type
10.6.1 Variable Chamber Round Balers
10.6.2 Fixed Chamber Round Balers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Round Balers Market Size Forecast by Applications
10.10.1 Hay
10.10.2 Rice
10.10.3 Wheat
10.10.4 Maize
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Round Balers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Round Balers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Round Balers Market Size Forecast by Type
11.6.1 Variable Chamber Round Balers
11.6.2 Fixed Chamber Round Balers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Round Balers Market Size Forecast by Applications
11.10.1 Hay
11.10.2 Rice
11.10.3 Wheat
11.10.4 Maize
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Round Balers Analysis and Forecast
12.1 Introduction
12.2 Latin America Round Balers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Round Balers Market Size Forecast by Type
12.6.1 Variable Chamber Round Balers
12.6.2 Fixed Chamber Round Balers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Round Balers Market Size Forecast by Applications
12.10.1 Hay
12.10.2 Rice
12.10.3 Wheat
12.10.4 Maize
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Round Balers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Round Balers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Round Balers Market Size Forecast by Type
13.6.1 Variable Chamber Round Balers
13.6.2 Fixed Chamber Round Balers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Round Balers Market Size Forecast by Applications
13.10.1 Hay
13.10.2 Rice
13.10.3 Wheat
13.10.4 Maize
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Round Balers Market: Competitive Dashboard
14.2 Global Round Balers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 John Deere
14.3.2 Vermeer
14.3.3 Claas
14.3.4 Krone
14.3.5 Minos
14.3.6 Abbriata
14.3.7 Case IH
14.3.8 Massey Ferguson
14.3.9 Kuhn
14.3.10 New Holland
14.3.11 John Deere
14.3.12 Shanghai Star
14.3.13 Yulong Machinery
14.3.14 Shen Yang Fang Ke
14.3.15 Yu Gong Agricultural Machinery
