Global Industrial Balers Market

The Global Industrial Balers market was valued at $xx Mn in 2019 and is expected to reach $xx Mn by 2026, at a CAGR of xx% during the forecast period.
Global 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.
Global 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 industrial balers 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 industrial balers 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 industrial balers 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 industrial balers market are expected to expose to growth opportunities in the future with the rising demand for industrial balers in the global market.
Global 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.

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Regional Insights
North America dominated the global industrial balers market in 2019, 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 industrial balers 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.

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Global Industrial Balers Market, by Region

• North America
• Europe
• APAC
• Middle East & Africa
• South America
Global Industrial Balers Market Key Players

• 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
• Westech Engineering Pty Ltd.

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