Bale Wrapper Market Insights Video

According to Cognitive Market Research, the global Bale Wrapper market size is USD 98.8 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 39.52 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 29.64 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 22.72 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 4.94 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
• The Farm held the highest Bale Wrapper market revenue share in 2024.