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Paper Shredder Market Size, Competitive Analysis, Share, Forecast- 2020-2026

11-19-2020 07:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Reserach

Paper Shredder Market

Paper Shredder Market

Paper shredders are meant to cut the papers either into fine particles or stripes. The three major categories of paper shredders include strip-cut, cross-cut, and micro-cut. The global paper shredder market is projected to grow at a moderate CAGR during the forecast period (2020-2026). The key factors that drive the growth of the market include the increasing need for the reduction of paper burning and protect the paper by cutting them either into fine particles or stripes. Confidential documents and sensitive papers such as employee data, salary details, medical records, legal papers, and many more such documents are intended to be disposed of correctly after their use, as stated by the Data Protection Act. Hence, the need to fulfill the proper disposal without any burning of paper is likely to upsurge the growth of the paper shredder market over the forecast period.

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However, the preference for online and soft copies on the computers has gained significant traction from the users, which have hindered the growth of the paper shredder market. Additionally, the outbreak of COVID-19 has also negatively impacted the market growth, as people are preferring work from home and online work which have reduced the usage of paper documents, which further challenge the growth of the market.

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Market Segmentation

Global Paper Shredder Market by Product Type

Strip-Cut
Cross-Cut
Micro-Cut
Global Paper Shredder Market by Distribution Channel

Online
Offline
Regional Analysis

North America

United States
Canada
Europe

UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific

China
India
Japan
Rest of Asia-Pacific
Rest of the World

Competitive Landscape

ACCO Brands
Aurora Corp. of America
Bonsaii.com
Dahle North America Inc.
Elcoman SRL
Fellowes, Inc.
HSM GmbH + Co. KG
Infres Methodbex Pvt. Ltd.
Intimus International Group
Krug & Priester GmbH & Co. KG
Martin Yale Industries
Meikoshokai Co. Ltd.
Royal Consumer Products
Uchida Yoko Global LTD.
Vecoplan LLC
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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