PUBLISHER: TechNavio | PRODUCT CODE: 1502152
PUBLISHER: TechNavio | PRODUCT CODE: 1502152
The home and office paper shredders market is forecasted to grow by USD 1415.7 mn during 2023-2028, accelerating at a CAGR of 9.06% during the forecast period. The report on the home and office paper shredders market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing online sales of paper shredders, cost advantages of paper shredders, and enhanced need for efficient waste management.
Technavio's home and office paper shredders market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.67% |
CAGR | 9.06% |
Incremental Value | $1415.7mn |
By End-user
By Product
By Geography
This study identifies the growing environmental regulations on paper manufacturing as one of the prime reasons driving the home and office paper shredders market growth during the next few years. Also, introduction of innovative features of paper shredders and growing popularity of low-cost portable shredders will lead to sizable demand in the market.
The report on the home and office paper shredders market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home and office paper shredders market vendors that include ACCO Brands Corp., Aditya Systems, Arihant Maxsell Technologies Pvt. Ltd., Aurora Corp. of America, AVANTI Business Machines Ltd., Bonsen Electronics Ltd., Dahle North America Inc., Elcoman Srl, Fellowes Inc., Fornnax Technology Pvt Ltd., HSM GmbH plus Co. KG, intimus International GmbH, Jiangsu Golden Hi-tech Digital Co. Ltd., Krug and Priester GmbH and Co. KG, Martin Yale Industries, Mitsui Matsushima Holdings Co., Ltd., Raj Electricals, Royal Consumer Information Products, SHREDDERS and SHREDDING CO., and Staples Inc.. Also, the home and office paper shredders market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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