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India Paper Shredder Market to Reach US$ 6.7 Million by 2028

02-25-2023 04:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Paper Shredder Market

India Paper Shredder Market

According to the latest report by IMARC Group, titled "India Paper Shredder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," The India paper shredder market size reached US$ 6.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.7 Million by 2028, exhibiting a growth rate (CAGR) of 9.62% during 2023-2028.

Request for a free sample copy of this report: https://www.imarcgroup.com/indian-paper-shredder-market/requestsample

India Paper Shredder Market Overview:

A paper shredder refers to a device that shreds paper into pieces, strips, or fine particles as per the requirement. The purpose of a paper shredder is to prevent sensitive information from falling into the wrong hands, such as identity thieves or corporate spies. It plays a significant role in many government agencies, large corporations, private organizations, and small businesses to process wastepaper, secure sensitive information, and guard against theft and unauthorized imitation. As a result, it is widely available in distinct varieties depending on the utilization, such as industrial paper shredder is used for bulk shredding, strip-cut shredder tears paper into thin sheets, and crosscut shredders cut paper into minuscule pieces.

India Paper Shredder Market Demand:

The rising product demand across public and private offices is driving the market in India. Along with this, growing awareness regarding the reduction of waste disposal is contributing to the market. Additionally, it assists in reducing operational costs for a business since using third-party assistance is expensive, thereby catalyzing demand across the country. Furthermore, continual technological advancements in paper shredder systems and the increasing need for enhanced security for personal documentation are significantly supporting its adoption across the country. With the widespread utilization of paper and paper-based products as a result of several Indian and foreign firms establishing businesses in India, this is providing a boost to the market.

Buy full report with table of contents: https://www.imarcgroup.com/indian-paper-shredder-market

Key Market Segmentation:

Top Paper Shredder Manufacturers in India:

• AVANTI Business Machines Limited
• INFRES Methodex Pvt. Ltd.
• Kobra India Security Systems Pvt. Ltd.
• Pitney Bowes India Pvt. Ltd.
• TRENDZ PAPER AND STATIONERS (INDIA) PVT. LTD.
• Concept Business Products
• Pilot India Group.
• HSM GmbH + Co. KG
• Aditya Technologies Pvt. Ltd.
• Kores India Limited.

Breakup by Type:

• Cross Cut
• Strip Cut
• Micro Cut

Breakup by Bin Capacity:

• Up to 20 Liter
• 21-70 Liter
• 71-135 Liter
• Above 135 Liter

Breakup by Distribution Channel:

• Institutional/Direct Sales
• Retail Sales

Breakup by End-User:

• Commercial Paper Shredder
• Office/Residential Paper Shredder

Breakup by Region:

• North India
• East India
• West and Central India
• South India

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Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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