Market Overview:
The global cross cut shredder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cross cut shredders from various end-use industries, such as home use, commercial use, government use, and others. In terms of type, the global cross cut shredder market is segmented into up to 20L, 20-30L, and above 30L segments. The up to 20L segment is expected to account for a major share of the global crosscut shredder market in 2018 owing to its low price and easy portability. However, with increasing awareness about data security among consumers across different regions worldwide, the demand for high-capacity crosscut shredders is also expected to increase during the forecast period.
Product Definition:
Cross Cut Shredder is a machine used for shredding paper into small pieces. The importance of Cross Cut Shredder is that it provides an extra layer of security against identity theft as the small pieces of paper are difficult to put back together.
Up to 20L:
Up to 20L is a type of cross-cut paper shredder which is mainly used for the purpose of cutting up to 20 sheets at a time. It’s working principle is quite simple, it consists of two metal blades that are mounted parallel on a horizontal shaft and when activated, they move towards each other and cut the paper into pieces.
20-30L:
20-30L is a common size for cross cut shredders. It is the volume of bin which can store papers and files up to 30 meters in length. The 20-30L sized shredder can handle upto 5 kg of paper at a time, making it an ideal choice for household use as well as commercial applications across industries such as banking, finance, insurance and healthcare among others.
Application Insights:
The commercial use segment dominated the global cross cut shredder market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing demand from various sectors such as healthcare, banking and financial institutions, retail and e-commerce businesses, government offices among others.
The home use segment is expected to witness significant growth over the forecast period owing to rising disposable income among consumers coupled with easy access to a wide range of products through online shopping channels. Furthermore, growing awareness regarding personal safety is likely to propel product demand among home users across regions including North America and Europe Pacific where crime rates are on rise due largely ¢â‚¬Å“illegal immigration¢â‚¬ issue has created a sense of urgency about security amongst people globally which will further boost industry penetration in near future.
Regional Analysis:
North America dominated the global cross cut shredder market in 2017. This is attributed to high awareness regarding security, safety and privacy of personal data along with increasing government regulations for disposal of waste paper in landfills. The U.S., being a developed economy, has more awareness about the importance of maintaining its electronic equipment free from corrosion by means of shredding them before disposing them at recycling centers or dumpsites as this practice shortens their life span and increases their maintenance cost over time.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income leading to an increase in consumer spending on household goods including appliances such as electric cross cut shredders; which would drive demand across countries such as China, India.
Growth Factors:
- Increasing demand for data security and privacy
- Rising number of cyber-attacks and data breaches
- Proliferation of cloud computing and big data analytics
- Growing awareness about the benefits of document shredding
- Emerging economies witnessing rapid growth in business activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Cross Cut Shredder Market Research Report
By Type
Up to 20L, 20-30L, Above 30L
By Application
Home Use, Commercial Use, Government Use, Other
By Companies
Fellowes Brands, 3M, Honeywell, ACCO Brands, Bonsaii, HSM, Kobra Shredder, Formax, AmazonBasics, Intimus, Sunwood, Olivetti, Meiko Shokai, EBA, Staples, Dahle, Ideal, Destroyit-Shredders, Aurora, Royal, Swingline
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Cross Cut Shredder Market Report Segments:
The global Cross Cut Shredder market is segmented on the basis of:
Types
Up to 20L, 20-30L, Above 30L
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
Home Use, Commercial Use, Government Use, Other
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:
- Fellowes Brands
- 3M
- Honeywell
- ACCO Brands
- Bonsaii
- HSM
- Kobra Shredder
- Formax
- AmazonBasics
- Intimus
- Sunwood
- Olivetti
- Meiko Shokai
- EBA
- Staples
- Dahle
- Ideal
- Destroyit-Shredders
- Aurora
- Royal
- Swingline
Highlights of The Cross Cut 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:
- Up to 20L
- 20-30L
- Above 30L
- By Application:
- Home Use
- Commercial Use
- Government Use
- Other
- 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 Cross Cut 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A cross cut shredder is a type of shredder that cuts paper into small pieces by cutting it along the length of the paper.
Some of the key players operating in the cross cut shredder market are Fellowes Brands, 3M, Honeywell, ACCO Brands, Bonsaii, HSM, Kobra Shredder, Formax, AmazonBasics, Intimus, Sunwood, Olivetti, Meiko Shokai, EBA, Staples, Dahle, Ideal, Destroyit-Shredders, Aurora, Royal, Swingline.
The cross cut 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 Cross Cut 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 Cross Cut Shredder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cross Cut 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 Cross Cut 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 Cross Cut Shredder Market Size & Forecast, 2018-2028
4.5.1 Cross Cut Shredder Market Size and Y-o-Y Growth
4.5.2 Cross Cut Shredder Market Absolute $ Opportunity
Chapter 5 Global Cross Cut Shredder 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 Cross Cut Shredder Market Size Forecast by Type
5.2.1 Up to 20L
5.2.2 20-30L
5.2.3 Above 30L
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cross Cut Shredder 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 Cross Cut Shredder Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.2.3 Government Use
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cross Cut 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 Cross Cut 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 Cross Cut Shredder Analysis and Forecast
9.1 Introduction
9.2 North America Cross Cut Shredder 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 Cross Cut Shredder Market Size Forecast by Type
9.6.1 Up to 20L
9.6.2 20-30L
9.6.3 Above 30L
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 Cross Cut Shredder Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.10.3 Government Use
9.10.4 Other
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 Cross Cut Shredder Analysis and Forecast
10.1 Introduction
10.2 Europe Cross Cut Shredder 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 Cross Cut Shredder Market Size Forecast by Type
10.6.1 Up to 20L
10.6.2 20-30L
10.6.3 Above 30L
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 Cross Cut Shredder Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.10.3 Government Use
10.10.4 Other
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 Cross Cut Shredder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cross Cut Shredder 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 Cross Cut Shredder Market Size Forecast by Type
11.6.1 Up to 20L
11.6.2 20-30L
11.6.3 Above 30L
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 Cross Cut Shredder Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.10.3 Government Use
11.10.4 Other
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 Cross Cut Shredder Analysis and Forecast
12.1 Introduction
12.2 Latin America Cross Cut Shredder 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 Cross Cut Shredder Market Size Forecast by Type
12.6.1 Up to 20L
12.6.2 20-30L
12.6.3 Above 30L
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 Cross Cut Shredder Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.10.3 Government Use
12.10.4 Other
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) Cross Cut Shredder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cross Cut Shredder 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) Cross Cut Shredder Market Size Forecast by Type
13.6.1 Up to 20L
13.6.2 20-30L
13.6.3 Above 30L
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) Cross Cut Shredder Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.10.3 Government Use
13.10.4 Other
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 Cross Cut Shredder Market: Competitive Dashboard
14.2 Global Cross Cut Shredder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fellowes Brands
14.3.2 3M
14.3.3 Honeywell
14.3.4 ACCO Brands
14.3.5 Bonsaii
14.3.6 HSM
14.3.7 Kobra Shredder
14.3.8 Formax
14.3.9 AmazonBasics
14.3.10 Intimus
14.3.11 Sunwood
14.3.12 Olivetti
14.3.13 Meiko Shokai
14.3.14 EBA
14.3.15 Staples
14.3.16 Dahle
14.3.17 Ideal
14.3.18 Destroyit-Shredders
14.3.19 Aurora
14.3.20 Royal
14.3.21 Swingline
