Press Release

Cross Cut Paper Shredders in High Demand by India Companies

Rising demand for paper shredders from packaging industry, MNCs & government bodies and growing concern regarding environment protection to drive India paper shredder market through 2022

In a ‘Voice of Customer’ survey conducted by TechSci Research in January 2018, ‘Required Specifications of a Product’ and ‘Recommendations by Other Users’ have emerged as more important factors than price during the purchase of paper shredders in India. Avanti came across as the most well-known and popular paper shredder brand in the survey. Increasing number of business establishments and rising demand from packaging industry are thought to be the major factors expected to drive India paper shredder market through 2022.

According to TechSci Research report, “India Paper Shredder Market By Cut Type, By Bin Capacity, By Distribution Channel, Competition Forecast & Opportunities, 2012–2022”, India paper shredder is projected to cross $ 6 million by 2022. Growth of India paper shredded market is led by the increasing demand for paper shredders across MNCs and government bodies & institutions on account of increasing concerns for data security and rising obligation to comply with international norms of data security and confidentiality. Moreover, growing awareness among people towards environment protection, and constant efforts to stop the burning of paper keeping in view the degrading air quality, is further expected to surge demand for paper shredders in India over the course of next five years.

Browse 45 market data Figures and Tables spread through 88 Pages and an in-depth TOC on "India Paper Shredder Market"

Antiva, Avanti, INFRES Methodex, Fellowes and Kobra are some of the leading brands operating in India paper shredder market, and these brands are expected to maintain their dominance during the forecast period as well. Among regions, North India has dominated the market with more than one-third of volume share in 2016. The region is expected to generate a significant share of demand for paper shredders in the coming years, and remain dominant through 2022 as well on the back of increasing number of MNCs and other organisations in the region. Paper shredder market is broadly categorized into cross cut, strip cut and micro cut. Cross cut paper shredders dominated the market in 2016 due to their high demand as they are considered to be comparatively more secure and sophisticated.  

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On the basis of capacity, paper shredders with the bin capacity of 21-70 liters dominated India paper shredder market in 2016 and the segment is anticipated to lead through 2022 as well. Institutional / direct distribution channel continues to be the most popular channel for the sales of paper shredders in the country. “Increasing focus on environment-friendly policies and government initiatives to encourage safe and healthy environment would steer the growth in India paper shredder market. Further, increasing popularity of cost-effective paper shredders coupled with the rising need for safe disposal of the documents of the government as well as private organizations would augment demand for paper shredders in India in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Paper Shredder Market By Cut Type, By Bin Capacity, By Distribution Channel, Competition Forecast & Opportunities, 2012–2022 has evaluated the future growth potential of India paper shredder market and provides statistics and information on market structure, size, share and trends. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India paper shredder market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.


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Relevant Reports

India Paper Shredder Market By Cut Type (Strip Cut, Cross Cut and Micro Cut), By Bin Capacity (Up to 20 Liters, 21-70 Liters, & Others), By Sales Channel (Supermarkets/Hypermarkets, Multi-Branded Stores, Online, and Others), By Region, By Competition Forecast & Opportunities,

Consumer Goods and Retail | Dec, 2023

India's paper shredder market is experiencing robust growth driven by heightened data security concerns, regulatory compliance, the need for identity theft and fraud prevention, and the growing awareness of environmental responsibility.

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