| Product Code: ETC5165856 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to see significant import shipments of balers, with the USA, Germany, Ireland, Netherlands, and the UK leading the way in supplying these essential agricultural equipment. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 5.25% from 2020 to 2024 demonstrates sustained expansion. Moreover, the growth rate of 12.96% from 2023 to 2024 signals a notable acceleration, suggesting a strong demand for balers in Belgium`s market.

The Baler market in Belgium is projected to grow at a stable growth rate of 0.50% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Baler Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Baler Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Baler Market - Industry Life Cycle |
3.4 Belgium Baler Market - Porter's Five Forces |
3.5 Belgium Baler Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Belgium Baler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and emphasis on waste management and recycling practices in Belgium |
4.2.2 Government regulations promoting sustainable waste disposal methods |
4.2.3 Growing adoption of balers in various industries for waste compaction and recycling |
4.3 Market Restraints |
4.3.1 High initial investment cost for purchasing and installing balers |
4.3.2 Limited availability of skilled labor for operating and maintaining balers |
4.3.3 Competition from alternative waste management solutions such as compactors and shredders |
5 Belgium Baler Market Trends |
6 Belgium Baler Market Segmentations |
6.1 Belgium Baler Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Baler Market Revenues & Volume, By Round Balers, 2021-2031F |
6.1.3 Belgium Baler Market Revenues & Volume, By Square Balers, 2021-2031F |
7 Belgium Baler Market Import-Export Trade Statistics |
7.1 Belgium Baler Market Export to Major Countries |
7.2 Belgium Baler Market Imports from Major Countries |
8 Belgium Baler Market Key Performance Indicators |
8.1 Average utilization rate of balers in industries and waste management facilities |
8.2 Percentage increase in the number of balers installed annually |
8.3 Rate of adoption of advanced baler technologies |
8.4 Average lifespan of balers in operation |
8.5 Efficiency improvement in waste management processes with the use of balers |
9 Belgium Baler Market - Opportunity Assessment |
9.1 Belgium Baler Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Belgium Baler Market - Competitive Landscape |
10.1 Belgium Baler Market Revenue Share, By Companies, 2024 |
10.2 Belgium Baler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |