A method of packaging compressible insulation material includes feeding insulation material into contact with a mandrel, rolling up the insulation material on the mandrel to form an insulation roll, applying pressure on the insulation material, during the rolling of the insulation material, with a pair of opposed belts which are adapted to contact the roll being formed with an increasing area of contact as the diameter of the roll increases, and increasing tension on the belts as the diameter of the roll increases in order to maintain a substantially constant pressure on the insulation material.