Market Overview:
The global agricultural baling press machine 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, cotton, straw and silage from the livestock industry across the globe. In addition, rising awareness about benefits of using agricultural baling press machines is also propelling the growth of this market. On the basis of type, round balers are expected to dominate the global agricultural baling press machine market during the forecast period owing to their high efficiency and low maintenance cost as compared to square balers. On account of growing demand for processed fodder in dairy farms and feedlot operations, square balers are projected to witness higher growth rate as compared to round balers during 2018-2030. Based on application, hay is estimated hold a dominant share in terms revenue contribution in 2018.
Product Definition:
An agricultural baling press machine is a piece of equipment used to compress hay or straw into small bales. The importance of an agricultural baling press machine is that it makes it easier to store and transport hay or straw.
Round Balers:
Round balers are used to bale or compress agricultural produce such as straw, corn stover, and crop residues. The machine consists of a vertical shaft that is driven by an electric motor. It has several rubber rollers mounted at the bottom of the shaft which act as seals to keep the material in motion.
Square Balers:
A square balers is a device used in agricultural baling press machine for compactly stacking bales of hay or straw. It helps in saving floor space and also reduces the overall weight of the machine, thereby reducing energy consumption and improving efficiency.
The global market size was valued at USD 1,867.1 thousand in 2015.
Application Insights:
Straw application segment led the global agricultural baling press machine market in 2017. It is majorly used for baleage of approximately 65% to 85% of the total straw mass. The high yield and moisture retention ability offered by stalks are responsible for higher adoption of this machinery type in comparison with other types across the globe.
The square balers segment accounted for a significant share owing to its wide applications across various industries including construction and mining where it is used to compact debris into smaller pieces which reduces their volume before they are transported away from the site. Square baleers have an advantage over round balers as they do not require additional unloading equipment at your disposal while transporting; however, these machines are more expensive than their counterparts making them less preferred among farmers globally due to limited demand applicability areas.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for agricultural machinery from developing countries such as China and India. In addition, rising awareness regarding crop mechanization is anticipated to propel regional product demand over the forecast period.
The growing population in Asia Pacific has led to an increase in food consumption, which has encouraged various governments across the region to adopt modern farming practices including crop cultivation and livestock rearing. This factor is projected to fuel regional product demand over the coming years.
North America accounted for a share of more than 20% of total revenue generated by balers category in 2017 on account of high adoption rate of advanced agriculture technologies coupled with increased focus on animal feed production within this region.
Growth Factors:
- Increasing demand for agricultural products due to population growth and changing dietary habits.
- Rising disposable income of consumers in developing countries, which is resulting in an increase in demand for high-quality agricultural products.
- Technological advancements that are making baling machines more efficient and easier to use, thus resulting in an increase in their adoption rate.
- Growing awareness about the benefits of using baling machines among farmers, which is helping to drive the market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Agricultural Baling Press Machine Market Research Report
By Type
Round Balers, Square Balers
By Application
Hay, Cotton, Straw, Silage, Others
By Companies
John Deere, Vermeer, Claas, Krone, Minos, Abbriata, Case IH, Massey Ferguson, Kuhn, New Holland, Foton Lovol, Shanghai Star, Yulong Machinery, Shen Yang Fang Ke, An Yang Yu Gong
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Agricultural Baling Press Machine Market Report Segments:
The global Agricultural Baling Press Machine market is segmented on the basis of:
Types
Round Balers, Square 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, Cotton, Straw, Silage, 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
- Foton Lovol
- Shanghai Star
- Yulong Machinery
- Shen Yang Fang Ke
- An Yang Yu Gong
Highlights of The Agricultural Baling Press Machine 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:
- Round Balers
- Square Balers
- By Application:
- Hay
- Cotton
- Straw
- Silage
- 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 Agricultural Baling Press Machine 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
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- Consumer Insights
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- Product & Brand Management
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- 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?
The agricultural baling press machine is a type of machine used to compress and bundle materials, such as hay or straw, for storage or transport.
Some of the key players operating in the agricultural baling press machine market are John Deere, Vermeer, Claas, Krone, Minos, Abbriata, Case IH, Massey Ferguson, Kuhn, New Holland, Foton Lovol, Shanghai Star, Yulong Machinery, Shen Yang Fang Ke, An Yang Yu Gong.
The agricultural baling press machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agricultural Baling Press Machine 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 Agricultural Baling Press Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agricultural Baling Press Machine 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 Agricultural Baling Press Machine 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 Agricultural Baling Press Machine Market Size & Forecast, 2020-2028
4.5.1 Agricultural Baling Press Machine Market Size and Y-o-Y Growth
4.5.2 Agricultural Baling Press Machine Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Round Balers
5.2.2 Square Balers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hay
6.2.2 Cotton
6.2.3 Straw
6.2.4 Silage
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agricultural Baling Press Machine 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 Agricultural Baling Press Machine 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Round Balers
9.6.2 Square 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 Market Size Forecast by Applications
9.10.1 Hay
9.10.2 Cotton
9.10.3 Straw
9.10.4 Silage
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Round Balers
10.6.2 Square 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 Market Size Forecast by Applications
10.10.1 Hay
10.10.2 Cotton
10.10.3 Straw
10.10.4 Silage
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Round Balers
11.6.2 Square 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 Market Size Forecast by Applications
11.10.1 Hay
11.10.2 Cotton
11.10.3 Straw
11.10.4 Silage
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Round Balers
12.6.2 Square 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 Market Size Forecast by Applications
12.10.1 Hay
12.10.2 Cotton
12.10.3 Straw
12.10.4 Silage
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Round Balers
13.6.2 Square 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) Market Size Forecast by Applications
13.10.1 Hay
13.10.2 Cotton
13.10.3 Straw
13.10.4 Silage
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 Agricultural Baling Press Machine Market: Competitive Dashboard
14.2 Global Agricultural Baling Press Machine 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 Foton Lovol
14.3.12 Shanghai Star
14.3.13 Yulong Machinery
14.3.14 Shen Yang Fang Ke
14.3.15 An Yang Yu Gong
