Market Overview:
The global paper shredders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paper shredders from various end-use industries, such as home use, commercial use, government use, and others. In addition, the growing awareness about data security and privacy is also propelling the demand for paper shredders across the globe. Based on type, strip-cut shredders accounted for a major share of the global paper shredders market in 2017. This can be attributed to their low price point and easy operation as compared to other types of paper shredders available in the market.
Product Definition:
A paper shredder is a device used to cut paper into small pieces. The purpose of using a paper shredder is to destroy or make it difficult to read the contents of the paper. This is often done to protect personal information, such as social security numbers, bank account numbers, and other confidential material.
Strip-cut shredders:
Strip-cut shredders are used for cutting paper into pieces of less than 5mm thickness. It is a mechanical process that cuts the paper along a continuous strip, which is then collected in the form of cuttings in an open basket. The machine consists of several moving parts including rotating wheels, reciprocating arm, and stationary blade.
Cross-cut:
Cross-cut is a method of cutting paper where the sheet being cut is held between the rotating blade and an immovable base. The cross-cutters are usually powered by a motor or manually operated. In manual cross-cut, the operator holds down a button to engage the mechanism while in powered machines, it uses an electric motor to engage the mechanism.
The main advantages of this method include minimal wastage of paper.
Application Insights:
The commercial use segment dominated the global paper shredders market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to an increase in demand from various sectors such as banking and financial institutions, government offices, and corporate offices. Furthermore, companies are investing significantly in developing their brand image by installing advanced paper shredding machines that comply with stringent security norms set by regulatory bodies across various countries worldwide.
The home use segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing awareness about personal privacy among consumers coupled with rising disposable income levels across developed economies including Germany, U.K., France and Spain among others which have high penetration rate of broadband internet connectivity enabling easy access to online shopping portals offering wide range of products through e-commerce platforms thereby driving the product demand globally over the forecast period1 (see Figure 1).
Regional Analysis:
Asia Pacific dominated the global paper shredders market in 2017, accounting for a share of over 35.0%. This is attributed to growing awareness about data security and increasing government regulations regarding recycling. For instance, in India, shredded paper is mixed with soil as garden mulch material called biodegradable pulp which helps to reduce landfill by 20% and also reduces carbon footprint by 4 tons per tonne. Moreover, China has imposed fines on companies that fail to remove their waste at source or violate rules about how much waste they should send for processing at a recycling plant (waste-to-energy plants). These factors are expected to drive the demand for paper shredders over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to high demand from home users as well as corporate sector due mainly to increased spending on information technology (IT) infrastructure development along with rising concerns regarding data security among individuals.
Growth Factors:
- Increasing demand for security and safety measures in offices and homes
- Growing awareness about the benefits of using paper shredders
- Rising number of small businesses and home-based entrepreneurs
- Proliferation of online transactions that require secure document disposal
- Technological advancements that make paper shredders more efficient and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Paper Shredders Market Research Report
By Type
Strip-cut shredders, Cross-cut, Particle-cut, Cardboard shredders
By Application
Home Use, Commercial Use, Government Use, Other
By Companies
AmazonBasics, Aurora, Destroyit, Fellowes, Rosewill, Royal, ShredCare, Swingline, Aleratec, Staples, AmazonBasics
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Paper Shredders Market Report Segments:
The global Paper Shredders market is segmented on the basis of:
Types
Strip-cut shredders, Cross-cut, Particle-cut, Cardboard shredders
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:
- AmazonBasics
- Aurora
- Destroyit
- Fellowes
- Rosewill
- Royal
- ShredCare
- Swingline
- Aleratec
- Staples
- AmazonBasics
Highlights of The Paper Shredders 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:
- Strip-cut shredders
- Cross-cut
- Particle-cut
- Cardboard shredders
- 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 Paper Shredders 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.
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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?
A paper shredder is a machine that cuts paper into small pieces by using a rotating blade.
Some of the key players operating in the paper shredders market are AmazonBasics, Aurora, Destroyit, Fellowes, Rosewill, Royal, ShredCare, Swingline, Aleratec, Staples, AmazonBasics.
The paper shredders 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 Paper Shredders 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 Paper Shredders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paper Shredders 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 Paper Shredders 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 Paper Shredders Market Size & Forecast, 2020-2028
4.5.1 Paper Shredders Market Size and Y-o-Y Growth
4.5.2 Paper Shredders 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 Strip-cut shredders
5.2.2 Cross-cut
5.2.3 Particle-cut
5.2.4 Cardboard shredders
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 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 Paper Shredders 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 Paper Shredders 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 Strip-cut shredders
9.6.2 Cross-cut
9.6.3 Particle-cut
9.6.4 Cardboard shredders
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 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 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 Strip-cut shredders
10.6.2 Cross-cut
10.6.3 Particle-cut
10.6.4 Cardboard shredders
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 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 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 Strip-cut shredders
11.6.2 Cross-cut
11.6.3 Particle-cut
11.6.4 Cardboard shredders
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 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 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 Strip-cut shredders
12.6.2 Cross-cut
12.6.3 Particle-cut
12.6.4 Cardboard shredders
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 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) 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 Strip-cut shredders
13.6.2 Cross-cut
13.6.3 Particle-cut
13.6.4 Cardboard shredders
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 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 Paper Shredders Market: Competitive Dashboard
14.2 Global Paper Shredders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AmazonBasics
14.3.2 Aurora
14.3.3 Destroyit
14.3.4 Fellowes
14.3.5 Rosewill
14.3.6 Royal
14.3.7 ShredCare
14.3.8 Swingline
14.3.9 Aleratec
14.3.10 Staples
14.3.11 AmazonBasics
