According to the latest report by IMARC Group, titled “India Paper Shredder Market Report by Type (Cross Cut, Strip Cut, Micro Cut), Bin Capacity (Up to 20 Liter, 21-70 Liter, 71-135 Liter, Above 135 Liter), Distribution Channel (Institutional/Direct Sales, Retail Sales), End-User (Commercial Paper Shredder, Office/Residential Paper Shredder), and Region 2025-2033,” the India paper shredder market reached USD 7.4 Million in 2024. A paper shredder is an electrically powered mechanical device that cuts paper into strips or fine particles. It is utilized by individuals, small businesses, large corporations, private organizations and government offices to destroy confidential documents and protect sensitive information, such as marketing plans, financial statements, strategic initiatives and other employee data. It comprises a lid, bin, sensors and rotating knives that shred papers into small strips and squares.
India Paper Shredder Market Trends:
At present, there is a significant rise in the demand for paper shredders in India, as their usage aids in reducing the operational costs of an organization. Moreover, due to the rising environmental concerns, paper shredders are being considered a preferred choice over burning the papers as they minimize the carbon footprint of an organization. Apart from this, since these shredders are affordable, compact and offer the convenience of usage, their demand is accelerating in the country. However, the sudden outbreak of the coronavirus disease (COVID-19) has negatively impacted the suppliers of electronics and electrical products in India on account of complete lockdown imposed by the Government of India and consequent disruptions in the supply chain. Besides this, the limited availability of components and shortage of labor are also impacting the functioning of the paper shredder market. The market is expected to witness growth once normalcy is regained. Looking forward, the market value is projected to reach USD 14.8 Million by 2033, expanding at a CAGR of 7.67% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Type, Bin Capacity, Distribution Channel, End-User, Region |
Region Covered | North India, West and Central India, South India, East India |
Companies Covered | 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. and Kores (India) Limited |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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