Market Overview:
The global automatic paper shredder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about data security and privacy among consumers and businesses, as well as the growing demand for document destruction services. In terms of type, the cross-cut segment is expected to account for the largest share of the global automatic paper shredder market in 2018, followed by strip-cut and others segments. In terms of application, government agencies are expected to account for the largest share of the global automatic paper shredder market in 2018, followed by large enterprises and SMEs segments.
Product Definition:
An automatic paper shredder is a device that destroys documents by cutting them into small pieces with a sharp blade. Automatic paper shredders are important for businesses and organizations that deal with confidential information, as they help protect against data theft and identity theft.
Cross Cut:
Cross cut is the largest and most important factor that drives the growth of automatic paper shredder market. Cross cut means cutting across the sheet or roll crossways multiple times in a uniform direction. In other words, to make several cuts at right angles to each other and then pass those sheets through a second time in order to create numerous small pieces out of one large piece.
Strip Cut:
Strip cut is a type of cutting technology used in the manufacturing process of paper shredders. It is also known as cross-cut technology and it involves the movement of heavy duty scissors or shears across the length of a roll, thereby cutting multiple sheets at once. The speed at which this method operates makes it suitable for use in high volume applications such as commercial shredding centers where large volumes are processed daily.
Application Insights:
The large enterprises segment held the largest market share in 2017. This is attributed to the high usage of automatic paper shredders by major banks, financial institutions and e-commerce companies to ensure data security. The government agencies segment is expected to register a significant CAGR over the forecast period owing to increasing adoption of these devices by various departments and agencies such as tax offices, police stations, passport offices and immigration authorities for secure disposal of confidential documents.
The small & medium-sized enterprise (SME) application segment is estimated to witness considerable growth over the forecast period due to rising demand from SMEs for cost-effective solutions that meet their security requirements while disposing off waste papers accumulated in their office premises or work centers. Furthermore, easy installation & maintenance features offered by these products are anticipated drive their demand among SMEs over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing government regulations regarding data security, growing awareness about information technology (IT) safety, and rising concerns over identity theft. As a result of these factors, businesses are investing more in office equipment such as shredders to maintain their business operations and ensure compliance with regulatory standards.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing disposable income levels among individuals and rapid urbanization resulting from increased industrial output by governments of emerging economies including China and India. These countries have been witnessing an increase in spending on household goods such as paper shredders since they are affordable for common people now compared to earlier years when they were not so popular or expensive due to high demand across developing countries like China & India where middle-class population has significantly grown over the past few years which is anticipated will continue until 2030 thus driving regional product demand further especially for small & medium enterprises (SMEs).
Growth Factors:
- Increasing demand for security and safety measures in offices and homes
- Rising awareness about the benefits of using automatic paper shredders
- Growing number of small businesses and home-based entrepreneurs
- Proliferation of online transactions that necessitate secure data destruction methods
- Increased focus on environment-friendly products
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Paper Shredder Market Research Report
By Type
Cross Cut, Strip Cut, Others
By Application
Government Agencies, Large Enterprises, SMEs
By Companies
ACCO Brands, Aurora Corp. of America, Bonsaii, HSM, Kobra, Formax, AmazonBasics, Intimus, Sunwood, Olivetti, Meiko Shokai, EBA, Staples, Dahle, Ideal, Destroyit-Shredders
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Paper Shredder Market Report Segments:
The global Automatic Paper Shredder market is segmented on the basis of:
Types
Cross Cut, Strip Cut, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government Agencies, Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ACCO Brands
- Aurora Corp. of America
- Bonsaii
- HSM
- Kobra
- Formax
- AmazonBasics
- Intimus
- Sunwood
- Olivetti
- Meiko Shokai
- EBA
- Staples
- Dahle
- Ideal
- Destroyit-Shredders
Highlights of The Automatic Paper Shredder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cross Cut
- Strip Cut
- Others
- By Application:
- Government Agencies
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Paper Shredder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automatic paper shredder is a machine that can quickly and easily destroy large quantities of paper. They are typically used in offices, schools, and other places where it is necessary to protect sensitive information from being accessed by unauthorized individuals.
Some of the major players in the automatic paper shredder market are ACCO Brands, Aurora Corp. of America, Bonsaii, HSM, Kobra, Formax, AmazonBasics, Intimus, Sunwood, Olivetti, Meiko Shokai, EBA, Staples, Dahle, Ideal, Destroyit-Shredders.
The automatic paper shredder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Paper Shredder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Paper Shredder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Paper Shredder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Paper Shredder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Paper Shredder Market Size & Forecast, 2020-2028
4.5.1 Automatic Paper Shredder Market Size and Y-o-Y Growth
4.5.2 Automatic Paper Shredder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cross Cut
5.2.2 Strip Cut
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Government Agencies
6.2.2 Large Enterprises
6.2.3 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Paper Shredder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Paper Shredder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cross Cut
9.6.2 Strip Cut
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Government Agencies
9.10.2 Large Enterprises
9.10.3 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cross Cut
10.6.2 Strip Cut
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Government Agencies
10.10.2 Large Enterprises
10.10.3 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cross Cut
11.6.2 Strip Cut
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Government Agencies
11.10.2 Large Enterprises
11.10.3 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cross Cut
12.6.2 Strip Cut
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Government Agencies
12.10.2 Large Enterprises
12.10.3 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cross Cut
13.6.2 Strip Cut
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Government Agencies
13.10.2 Large Enterprises
13.10.3 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Paper Shredder Market: Competitive Dashboard
14.2 Global Automatic Paper Shredder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACCO Brands
14.3.2 Aurora Corp. of America
14.3.3 Bonsaii
14.3.4 HSM
14.3.5 Kobra
14.3.6 Formax
14.3.7 AmazonBasics
14.3.8 Intimus
14.3.9 Sunwood
14.3.10 Olivetti
14.3.11 Meiko Shokai
14.3.12 EBA
14.3.13 Staples
14.3.14 Dahle
14.3.15 Ideal
14.3.16 Destroyit-Shredders
