Industrial Balers Market- Global Industry Analysis And Forecast (2023-2029)

Global Industrial Balers Market was valued at $ 5.93 Bn in 2022 and is expected to reach $ 10.85 Bn by 2029, at a CAGR of 9% during the forecast period.

Industrial Balers Market Introduction

Industrial balers form an integral part of waste disposal systems for various industries since they can easily compress and bind waste materials into compact bales for easier handling and transportation. These denser bales take up less space and are also more likely to be sent to a recycling center or purchased by businesses that use recycled materials, rather than ending up in a landfill. Industrial balers can be a component of a system and work in conjunction with a conveyor or shredder or handle material independently. The material or products are fed through the baler, then smashed down by a heavy and powerful ram. Balers are mostly used for trash and recycle compacting, as well as agriculture material compacting. The compact and bind materials, while compactors are mostly used to compress and flatten waste materials that are headed to a landfill. Industrial Balers MarketTo Know About The Research Methodology :- Request Free Sample Report

Industrial Balers Market Dynamics

The growing adoption of livestock farming due to the increasing demand for meat is expected to augment the demand for balers over the forecast period. Farmers are increasingly adopting baler as it is convenient to use bales for the transportation and storage of straw and hays. Growing awareness about environmental safety and strict rules and regulation laid down by governments to reduce pollution is driving the market growth. Furthermore, industrial balers offer various benefits to the end-user such as high waste recycling capacity, operated with minimal labor, high performance, and low cost, thereby increasing adoption of the industrial balers that propel the growth of the market. By compressing the material, balers reduce storage space requirements and the baled products can be efficiently stacked. Due to its storage space effectiveness, industrial balers are in high demand. Automatic in-feed of loose material, auto-tie, as well as automatic ejection of finished bales are other factors contributing to the growth of the market. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategy activities such as acquisitions, and partnerships & collaborations are boosting the market growth. Such activities have paved the way for the expansion of business and customer base of market players. The market players from the market are expected to expose to growth opportunities in the future with the rising demand for industrial balers in the global market.

Industrial Balers Market Segment Analysis

By type, there are two main styles of baling machines – vertical and horizontal, referring to the direction of material flow in the baler. Vertical balers are ideal for businesses that produce small to medium volumes of waste. The vertical balers are very simple to load. They are normally front-loaded but some can be conveyor fed as well. Due to the vertical orientation of the vertical balers, they only require a space that is normally not used in the storage areas and rooms. For waste management at the workplace, these balers are cheaper solutions. The price of vertical balers is significantly less than horizontal balers. These vertical balers help companies in improving sustainability. The improvements made in the sustainability policy of the company are not only good for the environment but also directly affect the company’s business. People are becoming more conscious about the environment and they like to work with companies that have an environment-friendly production line.

Regional Insights

North America dominated the global market in 2022, accounting for an xx% share due to the presence of well-established manufacturers and technological advancement in the region. The U.S. is a key market in North America due to the presence of well-established hospitals with advanced technology and research centers, which generates demand for industrial balers in the country. The Asia Pacific is likely to witness significantly high demand for industrial balers in the forecast period. Major developing countries such as China and India are projected to drive the market in the region due to the increased acceptance of industrial balers in the agriculture sector. The growing livestock farming across this region is anticipated to fuel the market growth during the forecast period. The large agricultural land area and growing mechanization of agricultural processes are the factors responsible for the rise in demand for balers in the regional market.

Industrial Balers Market Scope: Inquire before buying

Industrial Balers Market
Base Year 2022 Forecast Period 2023-2029
Historical Data CAGR Market Size in 2022 Market Size in 2029
2018 to 2022 9% US$ 5.93 Bn US$ 10.85 Bn
Segments Covered
by Type Vertical Industrial Balers Horizontal Industrial Balers by Application Non-ferrous materials OCC (cardboard box) Paperboard Plastics & Plastic Bottle (PET, HDPE) Shredded Paper by Industry Agriculture Retail Oil Automotive Plastic Products Manufacturing
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Key Players

1. ACE Equipment Company 2. Action Compaction Equipment 3. BE Equipment, Inc. 4. Compactor Management Company 5. Deere & Company (John Deere) 6. International Baler Corporation 7. Maren Engineering Corporation 8. Massey Ferguson 9. SSI Shredding Systems, Inc. 10. WasteCare Corporation 11. Westech Engineering Pty Ltd. Frequently Asked Questions: 1. Which region has the largest share in Global Industrial Balers Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Industrial Balers Market? Ans: The Global Industrial Balers Market is growing at a CAGR of 9% during forecasting period 2023-2029. 3. What is scope of the Global Industrial Balers Market report? Ans: Global Industrial Balers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Industrial Balers Market? Ans: The important key players in the Global Industrial Balers Market are – ACE Equipment Company, Action Compaction Equipment, BE Equipment, Inc., Compactor Management Company, Deere & Company (John Deere), International Baler Corporation, Maren Engineering Corporation, Massey Ferguson, SSI Shredding Systems, Inc., WasteCare Corporation, and Westech Engineering Pty Ltd. 5. What is the study period of this Market? Ans: The Global Industrial Balers Market is studied from 2022 to 2029.
1. Industrial Balers Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Industrial Balers Market: Dynamics 2.1. Industrial Balers Market Trends by Region 2.1.1. North America Industrial Balers Market Trends 2.1.2. Europe Industrial Balers Market Trends 2.1.3. Asia Pacific Industrial Balers Market Trends 2.1.4. Middle East and Africa Industrial Balers Market Trends 2.1.5. South America Industrial Balers Market Trends 2.2. Industrial Balers Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Industrial Balers Market Drivers 2.2.1.2. North America Industrial Balers Market Restraints 2.2.1.3. North America Industrial Balers Market Opportunities 2.2.1.4. North America Industrial Balers Market Challenges 2.2.2. Europe 2.2.2.1. Europe Industrial Balers Market Drivers 2.2.2.2. Europe Industrial Balers Market Restraints 2.2.2.3. Europe Industrial Balers Market Opportunities 2.2.2.4. Europe Industrial Balers Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Industrial Balers Market Drivers 2.2.3.2. Asia Pacific Industrial Balers Market Restraints 2.2.3.3. Asia Pacific Industrial Balers Market Opportunities 2.2.3.4. Asia Pacific Industrial Balers Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Industrial Balers Market Drivers 2.2.4.2. Middle East and Africa Industrial Balers Market Restraints 2.2.4.3. Middle East and Africa Industrial Balers Market Opportunities 2.2.4.4. Middle East and Africa Industrial Balers Market Challenges 2.2.5. South America 2.2.5.1. South America Industrial Balers Market Drivers 2.2.5.2. South America Industrial Balers Market Restraints 2.2.5.3. South America Industrial Balers Market Opportunities 2.2.5.4. South America Industrial Balers Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Industrial Balers Industry 2.8. Analysis of Government Schemes and Initiatives For Industrial Balers Industry 2.9. Industrial Balers Market Trade Analysis 2.10. The Global Pandemic Impact on Industrial Balers Market 3. Industrial Balers Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Industrial Balers Market Size and Forecast, by Type (2022-2029) 3.1.1. Vertical Industrial Balers 3.1.2. Horizontal Industrial Balers 3.2. Industrial Balers Market Size and Forecast, by Application (2022-2029) 3.2.1. Non-ferrous materials 3.2.2. OCC (cardboard box) 3.2.3. Paperboard 3.2.4. Plastics & Plastic Bottle (PET, HDPE) 3.2.5. Shredded Paper 3.3. Industrial Balers Market Size and Forecast, by Industry (2022-2029) 3.3.1. Agriculture 3.3.2. Retail 3.3.3. Oil 3.3.4. Automotive 3.3.5. Plastic Products Manufacturing 3.4. Industrial Balers Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Industrial Balers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Industrial Balers Market Size and Forecast, by Type (2022-2029) 4.1.1. Vertical Industrial Balers 4.1.2. Horizontal Industrial Balers 4.2. North America Industrial Balers Market Size and Forecast, by Application (2022-2029) 4.2.1. Non-ferrous materials 4.2.2. OCC (cardboard box) 4.2.3. Paperboard 4.2.4. Plastics & Plastic Bottle (PET, HDPE) 4.2.5. Shredded Paper 4.3. North America Industrial Balers Market Size and Forecast, by Industry (2022-2029) 4.3.1. Agriculture 4.3.2. Retail 4.3.3. Oil 4.3.4. Automotive 4.3.5. Plastic Products Manufacturing 4.4. North America Industrial Balers Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Industrial Balers Market Size and Forecast, by Type (2022-2029) 4.4.1.1.1. Vertical Industrial Balers 4.4.1.1.2. Horizontal Industrial Balers 4.4.1.2. United States Industrial Balers Market Size and Forecast, by Application (2022-2029) 4.4.1.2.1. Non-ferrous materials 4.4.1.2.2. OCC (cardboard box) 4.4.1.2.3. Paperboard 4.4.1.2.4. Plastics & Plastic Bottle (PET, HDPE) 4.4.1.2.5. Shredded Paper 4.4.1.3. United States Industrial Balers Market Size and Forecast, by Industry (2022-2029) 4.4.1.3.1. Agriculture 4.4.1.3.2. Retail 4.4.1.3.3. Oil 4.4.1.3.4. Automotive 4.4.1.3.5. Plastic Products Manufacturing 4.4.2. Canada 4.4.2.1. Canada Industrial Balers Market Size and Forecast, by Type (2022-2029) 4.4.2.1.1. Vertical Industrial Balers 4.4.2.1.2. Horizontal Industrial Balers 4.4.2.2. Canada Industrial Balers Market Size and Forecast, by Application (2022-2029) 4.4.2.2.1. Non-ferrous materials 4.4.2.2.2. OCC (cardboard box) 4.4.2.2.3. Paperboard 4.4.2.2.4. Plastics & Plastic Bottle (PET, HDPE) 4.4.2.2.5. Shredded Paper 4.4.2.3. Canada Industrial Balers Market Size and Forecast, by Industry (2022-2029) 4.4.2.3.1. Agriculture 4.4.2.3.2. Retail 4.4.2.3.3. Oil 4.4.2.3.4. Automotive 4.4.2.3.5. Plastic Products Manufacturing 4.4.3. Mexico 4.4.3.1. Mexico Industrial Balers Market Size and Forecast, by Type (2022-2029) 4.4.3.1.1. Vertical Industrial Balers 4.4.3.1.2. Horizontal Industrial Balers 4.4.3.2. Mexico Industrial Balers Market Size and Forecast, by Application (2022-2029) 4.4.3.2.1. Non-ferrous materials 4.4.3.2.2. OCC (cardboard box) 4.4.3.2.3. Paperboard 4.4.3.2.4. Plastics & Plastic Bottle (PET, HDPE) 4.4.3.2.5. Shredded Paper 4.4.3.3. Mexico Industrial Balers Market Size and Forecast, by Industry (2022-2029) 4.4.3.3.1. Agriculture 4.4.3.3.2. Retail 4.4.3.3.3. Oil 4.4.3.3.4. Automotive 4.4.3.3.5. Plastic Products Manufacturing 5. Europe Industrial Balers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.2. Europe Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.3. Europe Industrial Balers Market Size and Forecast, by Industry (2022-2029) 5.4. Europe Industrial Balers Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.1.2. United Kingdom Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.1.3. United Kingdom Industrial Balers Market Size and Forecast, by Industry(2022-2029) 5.4.2. France 5.4.2.1. France Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.2.2. France Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.2.3. France Industrial Balers Market Size and Forecast, by Industry(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.3.2. Germany Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.3.3. Germany Industrial Balers Market Size and Forecast, by Industry (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.4.2. Italy Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.4.3. Italy Industrial Balers Market Size and Forecast, by Industry(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.5.2. Spain Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.5.3. Spain Industrial Balers Market Size and Forecast, by Industry (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.6.2. Sweden Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.6.3. Sweden Industrial Balers Market Size and Forecast, by Industry (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.7.2. Austria Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.7.3. Austria Industrial Balers Market Size and Forecast, by Industry (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Industrial Balers Market Size and Forecast, by Type (2022-2029) 5.4.8.2. Rest of Europe Industrial Balers Market Size and Forecast, by Application (2022-2029) 5.4.8.3. Rest of Europe Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6. Asia Pacific Industrial Balers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4. Asia Pacific Industrial Balers Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.1.2. China Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.1.3. China Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.2.2. S Korea Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.2.3. S Korea Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.3.2. Japan Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.3.3. Japan Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.4. India 6.4.4.1. India Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.4.2. India Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.4.3. India Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.5.2. Australia Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.5.3. Australia Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.6.2. Indonesia Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.6.3. Indonesia Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.7.2. Malaysia Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.7.3. Malaysia Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.8.2. Vietnam Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.8.3. Vietnam Industrial Balers Market Size and Forecast, by Industry(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.9.2. Taiwan Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.9.3. Taiwan Industrial Balers Market Size and Forecast, by Industry (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Industrial Balers Market Size and Forecast, by Type (2022-2029) 6.4.10.2. Rest of Asia Pacific Industrial Balers Market Size and Forecast, by Application (2022-2029) 6.4.10.3. Rest of Asia Pacific Industrial Balers Market Size and Forecast, by Industry (2022-2029) 7. Middle East and Africa Industrial Balers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Industrial Balers Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Industrial Balers Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Industrial Balers Market Size and Forecast, by Industry (2022-2029) 7.4. Middle East and Africa Industrial Balers Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Industrial Balers Market Size and Forecast, by Type (2022-2029) 7.4.1.2. South Africa Industrial Balers Market Size and Forecast, by Application (2022-2029) 7.4.1.3. South Africa Industrial Balers Market Size and Forecast, by Industry (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Industrial Balers Market Size and Forecast, by Type (2022-2029) 7.4.2.2. GCC Industrial Balers Market Size and Forecast, by Application (2022-2029) 7.4.2.3. GCC Industrial Balers Market Size and Forecast, by Industry (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Industrial Balers Market Size and Forecast, by Type (2022-2029) 7.4.3.2. Nigeria Industrial Balers Market Size and Forecast, by Application (2022-2029) 7.4.3.3. Nigeria Industrial Balers Market Size and Forecast, by Industry (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Industrial Balers Market Size and Forecast, by Type (2022-2029) 7.4.4.2. Rest of ME&A Industrial Balers Market Size and Forecast, by Application (2022-2029) 7.4.4.3. Rest of ME&A Industrial Balers Market Size and Forecast, by Industry (2022-2029) 8. South America Industrial Balers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Industrial Balers Market Size and Forecast, by Type (2022-2029) 8.2. South America Industrial Balers Market Size and Forecast, by Application (2022-2029) 8.3. South America Industrial Balers Market Size and Forecast, by Industry(2022-2029) 8.4. South America Industrial Balers Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Industrial Balers Market Size and Forecast, by Type (2022-2029) 8.4.1.2. Brazil Industrial Balers Market Size and Forecast, by Application (2022-2029) 8.4.1.3. Brazil Industrial Balers Market Size and Forecast, by Industry (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Industrial Balers Market Size and Forecast, by Type (2022-2029) 8.4.2.2. Argentina Industrial Balers Market Size and Forecast, by Application (2022-2029) 8.4.2.3. Argentina Industrial Balers Market Size and Forecast, by Industry (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Industrial Balers Market Size and Forecast, by Type (2022-2029) 8.4.3.2. Rest Of South America Industrial Balers Market Size and Forecast, by Application (2022-2029) 8.4.3.3. Rest Of South America Industrial Balers Market Size and Forecast, by Industry (2022-2029) 9. Global Industrial Balers Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Industrial Balers Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. ACE Equipment Company 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Action Compaction Equipment 10.3. BE Equipment, Inc. 10.4. Compactor Management Company 10.5. Deere & Company (John Deere) 10.6. International Baler Corporation 10.7. Maren Engineering Corporation 10.8. Massey Ferguson 10.9. SSI Shredding Systems, Inc. 10.10. WasteCare Corporation 10.11. Westech Engineering Pty Ltd. 11. Key Findings 12. Industry Recommendations 13. Industrial Balers Market: Research Methodology 14. Terms and Glossary
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