Market Overview:
The global vertical 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 waste recycling and the rising awareness about environment conservation. In terms of type, the small single chamber vertical balers segment is expected to dominate the market during the forecast period, owing to their low price and easy installation.
Product Definition:
Vertical balers are machines that compress waste material into bales. The importance of vertical balers is that they can reduce the size of the waste material, making it easier to store and transport.
Small Single Vertical Baler:
Small single vertical baler is a device, which is used for bailing hay and feeding livestock. It's working principle is very simple, it consists of two main parts; feeder and mow. The feeder holds the fodder or grass in its teeth while the mow part cuts the fodder into pieces for easy chewing by livestock.
The small single vertical balers are widely used in various agricultural activities including dairy farming, beef cattle farming.
Medium Single Chamber Vertical Baler:
Medium Single Chamber Vertical Baler is used in the production of straw bales. It is also known as MSCVB or medium single chamber vertical baler and it's main function is to convert feed material into dense, stable, and safe form that can be handled easily by workers without any injuries.
The machine has advantages such as reduced labor cost due to low injury rate, increased productivity due to less downtime for maintenance etc.
Application Insights:
The handle paper application segment dominated the global vertical baler market in terms of revenue, accounting for more than 45.0% share of the total revenue in 2017. This is attributed to high demand from various end-use industries including construction and building materials, food processing and packaging, textiles and clothing among others. Vertical balers with a paper capacity of 300 gsm to 1 ton are used for handling papers ranging from office documents to magazines and catalogs.
Paper is one of the major commodities handled by many companies daily across offices, corporate headquarters as well as distribution centers globally which contributes towards significant demand for vertical balers with a paper capacity range between 100 gsm - 200 gsm.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for products from various end-use industries, such as food & beverage and industrial. The region is expected to witness moderate growth over the forecast period on account of technological advancements and increasing adoption of automation in agriculture. Europe accounted for a significant share of revenue in 2017 owing to growing awareness regarding benefits offered by vertical balers, such as reduced tillage requirement and increased crop productivity. However, stringent regulations by European Union (EU) regarding use of non-organic materials are expected to hamper regional growth over the next eight years.
Growth Factors:
- Increasing demand for waste paper recycling: The global market for recycled paper is expected to reach .8 billion by 2020, according to a new study by Grand View Research, Inc. This is primarily due to the increasing environmental awareness among consumers and businesses and the need to reduce wastage.
- Stringent government regulations on waste disposal: Governments across the world are increasingly implementing stringent regulations on waste disposal in an effort to reduce environmental pollution levels. These regulations are aiding the growth of vertical balers as they help businesses dispose of their waste in an environmentally friendly manner.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Baler Market Research Report
By Type
Small Single Vertical Baler, Medium Single Chamber Vertical Baler, Multi Chamber Baler, Other
By Application
Handle Paper, Handle Plastic, Handle Cardboard, Other
By Companies
Ace Equipment Company, Bramidan, Compactor Rentals, Cram-a-lot , Garbex, Harmony, Harris Equipment, HelloBaler, HENGZHI, HERCULES, Jining Myway Machinery, Kenburn, Marathon Equipment, MaxPak, Nicholls?Pearce, Olympic Wire and Equipment, Pioneer Waste?Recycling Equipment, PTR Baler & Compactor, Recycling Equipment Inc, Sacria, Sinobaler, Strautmann Umwelttechnik GmbH, Wastequip, Ziegler
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Baler Market Report Segments:
The global Vertical Baler market is segmented on the basis of:
Types
Small Single Vertical Baler, Medium Single Chamber Vertical Baler, Multi Chamber Baler, Other
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
Handle Paper, Handle Plastic, Handle Cardboard, 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:
- Ace Equipment Company
- Bramidan
- Compactor Rentals
- Cram-a-lotÂ
- Garbex
- Harmony
- Harris Equipment
- HelloBaler
- HENGZHI
- HERCULES
- Jining Myway Machinery
- Kenburn
- Marathon Equipment
- MaxPak
- Nicholls?Pearce
- Olympic Wire and Equipment
- Pioneer Waste?Recycling Equipment
- PTR Baler & Compactor
- Recycling Equipment Inc
- Sacria
- Sinobaler
- Strautmann Umwelttechnik GmbH
- Wastequip
- Ziegler
Highlights of The Vertical 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:
- Small Single Vertical Baler
- Medium Single Chamber Vertical Baler
- Multi Chamber Baler
- Other
- By Application:
- Handle Paper
- Handle Plastic
- Handle Cardboard
- 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 Vertical 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
- 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?
Vertical balers are machines that use a series of rotating drums to bundle and compact hay, straw, or other materials into bales.
Some of the major players in the vertical baler market are Ace Equipment Company, Bramidan, Compactor Rentals, Cram-a-lot‚Â , Garbex, Harmony, Harris Equipment, HelloBaler, HENGZHI, HERCULES, Jining Myway Machinery, Kenburn, Marathon Equipment, MaxPak, Nicholls?Pearce, Olympic Wire and Equipment, Pioneer Waste?Recycling Equipment, PTR Baler & Compactor, Recycling Equipment Inc, Sacria, Sinobaler, Strautmann Umwelttechnik GmbH, Wastequip, Ziegler.
The vertical baler market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertical 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. Vertical Baler Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical Baler Market - Supply Chain
4.5. Global Vertical Baler Market Forecast
4.5.1. Vertical Baler Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical Baler Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical Baler Market Absolute $ Opportunity
5. Global Vertical 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. Vertical Baler Market Size and Volume Forecast by Type
5.3.1. Small Single Vertical Baler
5.3.2. Medium Single Chamber Vertical Baler
5.3.3. Multi Chamber Baler
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical 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. Vertical Baler Market Size and Volume Forecast by Application
6.3.1. Handle Paper
6.3.2. Handle Plastic
6.3.3. Handle Cardboard
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical 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. Vertical 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 Vertical 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. Vertical 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 Vertical Baler Demand Share Forecast, 2019-2026
9. North America Vertical 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 Vertical 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 Vertical Baler Market Size and Volume Forecast by Application
9.4.1. Handle Paper
9.4.2. Handle Plastic
9.4.3. Handle Cardboard
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical Baler Market Size and Volume Forecast by Type
9.7.1. Small Single Vertical Baler
9.7.2. Medium Single Chamber Vertical Baler
9.7.3. Multi Chamber Baler
9.7.4. Other
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 Vertical Baler Demand Share Forecast, 2019-2026
10. Latin America Vertical 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 Vertical 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 Vertical Baler Market Size and Volume Forecast by Application
10.4.1. Handle Paper
10.4.2. Handle Plastic
10.4.3. Handle Cardboard
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical Baler Market Size and Volume Forecast by Type
10.7.1. Small Single Vertical Baler
10.7.2. Medium Single Chamber Vertical Baler
10.7.3. Multi Chamber Baler
10.7.4. Other
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 Vertical Baler Demand Share Forecast, 2019-2026
11. Europe Vertical 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 Vertical 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 Vertical Baler Market Size and Volume Forecast by Application
11.4.1. Handle Paper
11.4.2. Handle Plastic
11.4.3. Handle Cardboard
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical Baler Market Size and Volume Forecast by Type
11.7.1. Small Single Vertical Baler
11.7.2. Medium Single Chamber Vertical Baler
11.7.3. Multi Chamber Baler
11.7.4. Other
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 Vertical Baler Demand Share, 2019-2026
12. Asia Pacific Vertical 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 Vertical 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 Vertical Baler Market Size and Volume Forecast by Application
12.4.1. Handle Paper
12.4.2. Handle Plastic
12.4.3. Handle Cardboard
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical Baler Market Size and Volume Forecast by Type
12.7.1. Small Single Vertical Baler
12.7.2. Medium Single Chamber Vertical Baler
12.7.3. Multi Chamber Baler
12.7.4. Other
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 Vertical Baler Demand Share, 2019-2026
13. Middle East & Africa Vertical 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 Vertical 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 Vertical Baler Market Size and Volume Forecast by Application
13.4.1. Handle Paper
13.4.2. Handle Plastic
13.4.3. Handle Cardboard
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical Baler Market Size and Volume Forecast by Type
13.7.1. Small Single Vertical Baler
13.7.2. Medium Single Chamber Vertical Baler
13.7.3. Multi Chamber Baler
13.7.4. Other
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 Vertical Baler Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical Baler Market: Market Share Analysis
14.2. Vertical Baler Distributors and Customers
14.3. Vertical Baler Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ace Equipment Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bramidan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Compactor Rentals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cram-a-lot
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Garbex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Harmony
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Harris Equipment
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HelloBaler
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HENGZHI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HERCULES
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jining Myway Machinery
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kenburn
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Marathon Equipment
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. MaxPak
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nicholls?Pearce
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Olympic Wire and Equipment
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Pioneer Waste?Recycling Equipment
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. PTR Baler & Compactor
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Recycling Equipment Inc
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Sacria
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
