Market Overview:
The global large baler 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 agricultural products, rising population, and technological advancements in large balers. Based on type, the global large baler market is segmented into round balers and square balers. Round balers are expected to dominate the market during the forecast period owing to their high efficiency and low maintenance cost as compared to square balers. Based on application, rice and wheat is projected to be the fastest growing segment during the forecast period followed by corn due to increasing demand for these commodities across the globe. Cotton is also projectedto grow at a significant rate owingto its widespread use in textile industry across different regions ofthe world.
Product Definition:
A large baler is a piece of agricultural equipment used to compress hay or straw into manageable bales for storage or transport. The importance of large balers lies in their ability to create tight, uniform bales that are easy to store and transport.
Round Baler:
Round baler is a device used to bale hay. It's basically an enclosed round bale mover that has multiple sets of rotating reels with teeth on them. The hay is placed between the sets of reels and then they are turned by a motor or manpower, which causes the Hay to compress into a tight ball.
The balers can produce up to 1 ton of baled hay per minute.
Square Baler:
A square baler is a large bale wrapping machine. It wraps bales in a series of four consecutive layers, with each layer being formed from two adjoining flaps. The machine has an advantage over round balers as it can be used to wrap any shape and size of bale, whereas a round baler only works well for spherical shaped bales.
Application Insights:
Rice and wheat was the largest baler application segment in 2017. The product is widely used for the collection, transportation and storage of rice grains. It also has a significant use in the processing of rice into various products such as milled rice, polished rice, glutinous or sticky Rice, regular long grain white Rice and short grain brown Rice among others. Corn is another major application where large baleers are extensively used for corn milling activities owing to their ability to handle tough stalks with ease.
The demand for cottonseed has witnessed a rise due to its high oil content which makes it suitable for biodiesel production across the globe.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing agricultural activities in countries, such as India, China, Indonesia, Philippines and Vietnam. In addition, rising population coupled with growing disposable income will drive the regional market further.
The Asia Pacific region accounted for a share of more than 50% in terms of revenue in 2017 owing to large agricultural land area under cultivation across this region. Large area cultivable includes both crop land under rice as well as other crops like soybean (Glycine max), wheat (Triticum aestivum), maize (corn; Zea mays), cotton (Gossypium hirsutum) etc., which are majorly grown across Asia Pacific region due to its high yield per hectare compared to other crops grown hereinafter mentioned).
Growth Factors:
- Increasing demand for processed food products: The global population is growing at a rapid pace and the demand for processed food products is increasing along with it. This is driving the need for large balers, which can efficiently process large quantities of raw materials into smaller bales that are suitable for further processing.
- Growing industrialization and urbanization: Industrialization and urbanization are leading to an increase in the number of factories and other industrial facilities, which in turn is driving the demand for large balers. These machines are essential for handling large quantities of waste material in an efficient manner.
- Rising environmental awareness: There has been a significant rise in environmental awareness among consumers in recent years, which has led to an increase in the demand for recycling services. Large balers play a key role in recycling operations by efficiently converting bulk waste into smaller bales that can be easily transported and recycled.
- Technological advancements: The technology used in large balers has been constantly evolving over the years, with new features being added to make them more efficient and user-friendly. This is resulting in increased adoption of these machines, especially by industries that deal with high volumes of waste material on a regular basis . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Large Baler Market Research Report
By Type
Round Baler, Square Baler
By Application
Rice and Wheat, Corn, Cotton, Others
By Companies
John Deere, American Baler Co., International Baler, McHale, Takakita Co., IHI Corporation, Mainero, Vermeer, Krone, HESSTON, CNH Industrial, CLAAS, KUHN Group, Fendt, ABBRIATA SRL, Anderson Group
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Large Baler Market Report Segments:
The global Large Baler market is segmented on the basis of:
Types
Round Baler, 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
Rice and Wheat, Corn, Cotton, 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
- American Baler Co.
- International Baler
- McHale
- Takakita Co.
- IHI Corporation
- Mainero
- Vermeer
- Krone
- HESSTON
- CNH Industrial
- CLAAS
- KUHN Group
- Fendt
- ABBRIATA SRL
- Anderson Group
Highlights of The Large 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:
- Round Baler
- Square Baler
- By Application:
- Rice and Wheat
- Corn
- Cotton
- 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 Large 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Large balers are large, heavy machines used to move bulk materials like hay, straw, or lumber. They have a large capacity and can handle a lot of material at once.
Some of the major players in the large baler market are John Deere, American Baler Co., International Baler, McHale, Takakita Co., IHI Corporation, Mainero, Vermeer, Krone, HESSTON, CNH Industrial, CLAAS, KUHN Group, Fendt, ABBRIATA SRL, Anderson Group.
The large baler market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Large Baler Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Large Baler Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Large Baler Market - Supply Chain
4.5. Global Large Baler Market Forecast
4.5.1. Large Baler Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Large Baler Market Size (000 Units) and Y-o-Y Growth
4.5.3. Large Baler Market Absolute $ Opportunity
5. Global Large Baler Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Large Baler Market Size and Volume Forecast by Type
5.3.1. Round Baler
5.3.2. Square Baler
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Large Baler Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Large Baler Market Size and Volume Forecast by Application
6.3.1. Rice and Wheat
6.3.2. Corn
6.3.3. Cotton
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Large Baler Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Large Baler Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Large Baler Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Large Baler Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Large Baler Demand Share Forecast, 2019-2026
9. North America Large Baler Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Large Baler Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Large Baler Market Size and Volume Forecast by Application
9.4.1. Rice and Wheat
9.4.2. Corn
9.4.3. Cotton
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Large Baler Market Size and Volume Forecast by Type
9.7.1. Round Baler
9.7.2. Square Baler
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Large Baler Demand Share Forecast, 2019-2026
10. Latin America Large Baler Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Large Baler Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Large Baler Market Size and Volume Forecast by Application
10.4.1. Rice and Wheat
10.4.2. Corn
10.4.3. Cotton
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Large Baler Market Size and Volume Forecast by Type
10.7.1. Round Baler
10.7.2. Square Baler
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Large Baler Demand Share Forecast, 2019-2026
11. Europe Large Baler Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Large Baler Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Large Baler Market Size and Volume Forecast by Application
11.4.1. Rice and Wheat
11.4.2. Corn
11.4.3. Cotton
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Large Baler Market Size and Volume Forecast by Type
11.7.1. Round Baler
11.7.2. Square Baler
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Large Baler Demand Share, 2019-2026
12. Asia Pacific Large Baler Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Large Baler Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Large Baler Market Size and Volume Forecast by Application
12.4.1. Rice and Wheat
12.4.2. Corn
12.4.3. Cotton
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Large Baler Market Size and Volume Forecast by Type
12.7.1. Round Baler
12.7.2. Square Baler
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Large Baler Demand Share, 2019-2026
13. Middle East & Africa Large Baler Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Large Baler Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Large Baler Market Size and Volume Forecast by Application
13.4.1. Rice and Wheat
13.4.2. Corn
13.4.3. Cotton
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Large Baler Market Size and Volume Forecast by Type
13.7.1. Round Baler
13.7.2. Square Baler
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Large Baler Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Large Baler Market: Market Share Analysis
14.2. Large Baler Distributors and Customers
14.3. Large Baler Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. John Deere
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. American Baler Co.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. International Baler
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. McHale
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Takakita Co.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IHI Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mainero
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vermeer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Krone
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HESSTON
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CNH Industrial
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CLAAS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. KUHN Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Fendt
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ABBRIATA SRL
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Anderson Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
