Market Overview:
The global square baler market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for agricultural products, rising livestock population, and growing awareness about benefits of using square balers. Based on type, the global square baler market is segmented into large-scale square balers, medium-scale square balers, and small-scale square balers. The large-scalesquarebaler segment is expected to hold a major share of the market in 2018 owing to its high capacity and ability to process high volumes of hay or straw.
Product Definition:
A machine used to compress hay or straw into small rectangular bales.
Large Scale Square Baler:
Large scale square baler is a type of bale wrapping machine which is widely used in the agriculture industry. It wraps bales using large rolls of plastic film or nylon fabric and wooden or metal rounds to form a protective seal around each bundle. Large-scale balers are primarily designed for feeding agricultural produce into dense transport networks such as railways, roads, and shipping containers for onward distribution to distant destinations.
Middle Scale Square Baler:
Middle scale baler is a device that is used to bale or collect hay. It's basically an automated feeding system for hay and it works on the principle of centrifugal force. The balers are available in different sizes, shapes and can be modified as per requirements. They are mostly used in dairy farms where large quantity of fodder needs to be collected from time to time for feeding cattle or other livestock.
Application Insights:
The agriculture segment dominated the global square baler market in 2017. This can be attributed to rising demand for agricultural products across various regions, including Asia Pacific and Middle East & Africa. Moreover, technological advancements and innovations in farming equipment will drive the segment further. For instance, introduction of technologically advanced square bale feeder will ensure proper distribution of crop residues among crops such as corn and soybean without any additional labor costs. Such factors are expected to increase product adoption among farmers globally over the next eight years.
The livestock industry is also anticipated to witness significant growth over the forecast period owing to increasing meat consumption across various regions including North America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing agricultural activities in developing economies, such as China and India. In addition, rising livestock farming activities are also likely to drive the demand for square balers in Asia Pacific region.
The Europe market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to an increase in demand from countries including Germany and U.K.
North America accounted for a major share of global revenue due its well-established agriculture industry coupled with strong presence of large scale manufacturers such as CLAAS KGaA mbH; CNH Industrial Nave Inc.; New Holland Agriculture Co.; Ford Motor Company; Deere & Company; Maschinenfabrik Bernard Krone GmbH & Co.
Growth Factors:
- Increasing demand for hay and straw from the livestock industry as a result of rising meat consumption around the world.
- Growing popularity of organic farming, which necessitates the use of square balers to create uniform bales that can be easily handled and transported.
- Rising demand for biomass fuel as a renewable energy source, especially in Europe and North America.
- Increased investment in agricultural infrastructure by developing countries such as China and India, which is driving up demand for square balers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Square Baler Market Research Report
By Type
Large Scale Square Baler, Middle Scale Square Baler, Small Scale Square Baler
By Application
Agriculture, Livestock Industry, Other
By Companies
John Deere, American Baler Co., International Baler, McHale, Takakita Co., IHI Corporation, Mainero, John Deere, Vermeer, Krone, John Deere, Case IH, CLAAS, KUHN Group, New Holland, Fendt
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Square Baler Market Report Segments:
The global Square Baler market is segmented on the basis of:
Types
Large Scale Square Baler, Middle Scale Square Baler, Small Scale Square Baler
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
Agriculture, Livestock Industry, Other
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
- American Baler Co.
- International Baler
- McHale
- Takakita Co.
- IHI Corporation
- Mainero
- John Deere
- Vermeer
- Krone
- John Deere
- Case IH
- CLAAS
- KUHN Group
- New Holland
- Fendt
Highlights of The Square Baler 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:
- Large Scale Square Baler
- Middle Scale Square Baler
- Small Scale Square Baler
- By Application:
- Agriculture
- Livestock Industry
- Other
- 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 Square Baler 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?
A square baler is a type of agricultural machinery that is used to bundle hay, straw, or other materials into bales.
Some of the key players operating in the square baler market are John Deere, American Baler Co., International Baler, McHale, Takakita Co., IHI Corporation, Mainero, John Deere, Vermeer, Krone, John Deere, Case IH, CLAAS, KUHN Group, New Holland, Fendt.
The square baler 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 Square Baler 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 Square Baler Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Square Baler 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 Square Baler 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 Square Baler Market Size & Forecast, 2020-2028 4.5.1 Square Baler Market Size and Y-o-Y Growth 4.5.2 Square Baler 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 Large Scale Square Baler
5.2.2 Middle Scale Square Baler
5.2.3 Small Scale Square Baler
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 Agriculture
6.2.2 Livestock Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Square Baler 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 Square Baler 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 Large Scale Square Baler
9.6.2 Middle Scale Square Baler
9.6.3 Small Scale Square Baler
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 Agriculture
9.10.2 Livestock Industry
9.10.3 Other
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 Large Scale Square Baler
10.6.2 Middle Scale Square Baler
10.6.3 Small Scale Square Baler
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 Agriculture
10.10.2 Livestock Industry
10.10.3 Other
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 Large Scale Square Baler
11.6.2 Middle Scale Square Baler
11.6.3 Small Scale Square Baler
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 Agriculture
11.10.2 Livestock Industry
11.10.3 Other
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 Large Scale Square Baler
12.6.2 Middle Scale Square Baler
12.6.3 Small Scale Square Baler
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 Agriculture
12.10.2 Livestock Industry
12.10.3 Other
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 Large Scale Square Baler
13.6.2 Middle Scale Square Baler
13.6.3 Small Scale Square Baler
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 Agriculture
13.10.2 Livestock Industry
13.10.3 Other
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 Square Baler Market: Competitive Dashboard
14.2 Global Square Baler Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 John Deere
14.3.2 American Baler Co.
14.3.3 International Baler
14.3.4 McHale
14.3.5 Takakita Co.
14.3.6 IHI Corporation
14.3.7 Mainero
14.3.8 John Deere
14.3.9 Vermeer
14.3.10 Krone
14.3.11 John Deere
14.3.12 Case IH
14.3.13 CLAAS
14.3.14 KUHN Group
14.3.15 New Holland
14.3.16 Fendt