Global Industrial Balers Market Report and Forecast 2032

Romy Johsones17 Jun, 2025Business

The Global Industrial Balers Market reached a value of nearly USD 7.1 billion in 2024. The market is assessed to grow at a CAGR of around 8.4% during the forecast period of 2025-2032 to attain a value of around USD 11.9 billion in 2032. Industrial balers are devices that compress and bind materials, such as paper, cardboard, plastics, and metals into small bales for easier handling, storage, and transport. These devices have varied applications in zones like recycling, packaging, waste management, and agriculture. Also, one of the major drivers of the Industrial Balers Market is the increasing prominence on waste management and recycling programs across the globe. Governments and environmental establishments are implementing stringent restrictions to reduce landfill waste and encourage recycling, elevating demand for industrial balers. Moreover, rising consciousness of ecological practices & the yearning to lessen carbon footprints is pushing the advancement of industrial balers.