Baler Market Share, Size, Outlook, Demand, Report till 2028
IMARC Group, a leading market research company, has recently releases report titled “ Baler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. ” The study provides a detailed analysis of the industry, including the global baler market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How big is the baler market? The global baler market size reached US$ 4.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028. What is baler? Baler represents mechanical equipment used for cutting and compressing raked crops, such as flax straw, hay, cotton, silage, etc., into small square, sphere, or rectangle-shaped bales. These bales are convenient to transport, handle, store, etc. The equipment is widely available in chain- and belt-based variants. Chain balers...