Industrial Shredders Market

Market Insights

The global Industrial Shredder market is expected to generate around USD 946 million in 2027 compared to USD 835 million in 2019. Therefore, the global Industrial Shredder market is expected to witness a moderate CAGR of just over 5.67% during the forecast period.

An industrial shredder is a machine used to cut a multitude of materials with precise measurements and a high level of accuracy. Industrial shredders are available in various sizes and settings for various applications across many industries. In addition, industrial shredders are available in multiple configurations for different applications. Major structures of industrial shredders come in a single shaft, double shaft, triple and quad shaft as well.

Plastics, cowhides, papers, tires, wood, metals, auto wrecks, and the scrap industry mainly use mechanical shredders. Mechanical shredders are widely used to cut materials such as paper, plastic, metal, wood, etc. The industrial shredders industry has experienced a sharp decline in production and demand owing to strict mobility restrictions, physical distance norms, etc., in the wake of the COVID-19 outbreak worldwide. However, a slow but steady recovery in the economy has brought back the production and cross-border trade of industrial shredders to normalcy. Single, double, triple, and quad shafts are significant types of industrial shredders based on configurations. Single shaft industrial shredders are widely popular across industries owing to their easy functioning and multiple applications. Single shaft industrial shredders accounted for over 45% share of the total revenue generated by the industry in 2019 and are likely to maintain their superiority in the market during the forecast period.

Global Industrial Shredder Market Share by Type, 2019 – 2027

Paper Reject Recycling, Waste Electronic and Electronic Equipment Recycling (WEEE), Municipal Solid Waste Recycling (MSW), Wood Waste Recycling, RDF Recycling, and Others (Plastic Metal) are major application markets for the industrial shredder industry. Paper Reject Recycling was the largest end-user industry for the industrial shredder market in 2019 and accounted for over 30% share of the total revenue generated. Municipal solid waste also occupied a significant portion of the total number of industrial shredders demands in 2019. Increasing urbanization and growing volume of municipal solid waste across the world have remained a considerable challenge modern cities face. Industrial shredders have proven very efficient in processing municipal solid waste with their ability to cut a broad category of materials. This, in turn, fueled the growth of industrial shredders.

Global Industrial Shredder Market Share by Application, 2019

North America and Europe were leading markets for industrial shredders, with over 60% share in total revenue generation in 2019. The high rate of urbanization coupled with growing MSW processing facilities in these regions has triggered the demand for industrial shredders in the recent past. However, Asia Pacific has also gained momentum in demand for industrial shredders over the past few years. This can be mainly attributed to the growing end-user industries in the region. Moreover, many papers reject recycling facilities, along with growing innovative city projects in the region, which are likely to boost the demand for industrial shredders.

Global Industrial Shredder Market Share by Region, 2019

Key players operating in the industrial shredders market include Franklin Miller, Genox, Jordan Reduction Solutions, VECOPLAN, SSI Shredding Systems, Untha, ECO Green Equipment, LLC., Granutech-Saturn Systems, China Shredder, Linder-Recyclingtech, ZERMA, and Others. The industrial shredders market is highly fragmented, with the presence of a large number of players across the world. Leading five players accounted for over 20% share in 2019. Key players are focusing on the expansion of their portfolio as well as geographic reach. For instance, Lindner-Recyclingtech has announced the expansion of their range of industrial shredders to be used in plastic and other waste processing. In contrast, Untha has planned to expand its operations in Poland to increase its geographic foothold.

Global Industrial Shredder Market by Application, 2015 – 2027 (USD Million)

• Three Shaft Industrial Shredder
• Single Shaft Industrial Shredder
• Double Shaft Industrial Shredder
• Four Shaft Industrial Shredder

Global Industrial Shredder Market by Application, 2015 – 2027 (USD Million)

• RDF Recycling
• WEEE
• MSW
• Paper Reject Recycling
• Wood Waste Recycling
• Others (Plastic Metal)

Global Industrial Shredder Market by Region, 2015 – 2027

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa

Global Industrial Shredder Market: Key Players

• Genox
• Untha
• Jordan Reduction Solutions WAGNER
• Franklin Miller
• Granutech-Saturn Systems
• ZERMA
• ECO Green Equipment, LLC.
• SSI Shredding Systems
• VECOPLAN
• China Shredder
• Linder-Recyclingtech
• Others

1. Preface

1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Industrial Shredder Market
2.2. Global Industrial Shredder Market, by Product, 2019 (US$ Bn)
2.3. Global Industrial Shredder Market, by Application, 2019 (US$ Bn)
2.4. Global Industrial Shredder Market, by Technology, 2019 (US$ Bn)
2.5. Global Industrial Shredder Market, by End-user, 2019 (US$ Bn)
2.6. Global Industrial Shredder Market, by Geography, 2019 (US$ Bn)

3. Market Dynamics

3.1. Introduction
3.1.1. Global Industrial Shredder Market Value, 2015-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2019
3.4. Market Positioning of Key Players, 2019
3.4.1. Major Strategies Adopted by Key Players

4. Global Industrial Shredder Market, by Product, 2015-2027 (US$ Bn)

4.1. Overview
4.2. Single Shaft Industrial Shredder
4.3. Double Shaft Industrial Shredder
4.4. Three Shaft Industrial Shredder
4.5. Four Shaft Industrial Shredder
4.6. Others

5. Global Industrial Shredder Market, by End-user, 2015-2027 (US$ Bn)

5.1. Overview
5.2. WEEE
5.3. MSW (Municipal Solid Waste)
5.4. Paper Reject Recycling
5.5. Wood Waste Recycling
5.6. RDF Recycling
5.7. Others

6. North America Industrial Shredder Market Analysis, 2015-2027 (US$ Bn)

6.1. Overview
6.1.1. North America Industrial Shredder Market Value and Growth, 2015-2027, (US$ Bn)
6.2. North America Industrial Shredder Market Value, By Product, 2015-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America Industrial Shredder Market Value, By End-user, 2015-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America Industrial Shredder Market Value, By Region/Country, 2015-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Industrial Shredder Market Analysis, 2015-2027 (US$ Bn)

7.1. Overview
7.1.1. Europe Industrial Shredder Market Value and Growth, 2015-2027, (US$ Bn)
7.2. Europe Industrial Shredder Market Value, By Product, 2015-2027 (US$ Bn
7.2.1. Market Analysis
7.3. Europe Industrial Shredder Market Value, By End-user, 2015-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe Industrial Shredder Market Value, By Region/Country, 2015-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Industrial Shredder Market Analysis, 2015-2027 (US$ Bn)

8.1. Overview
8.1.1. Asia Pacific Industrial Shredder Market Value and Growth, 2015-2027, (US$ Bn)
8.2. Asia Pacific Industrial Shredder Market Value, By Product, 2015-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific Industrial Shredder Market Value, By End-user, 2015-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific Industrial Shredder Market Value, By Region/Country, 2015-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Industrial Shredder Market Analysis, 2015-2027 (US$ Bn)

9.1. Overview
9.1.1. Rest of the World Industrial Shredder Market Value and Growth, 2015-2027, (US$ Bn)
9.2. Rest of the World Industrial Shredder Market Value, By Product, 2015-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of World Industrial Shredder Market Value, By End-user, 2015-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World Industrial Shredder Market Value, By Region, 2015-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles

10.1. VECOPLAN
10.2. China Shredder
10.3. Linder-Recyclingtech.
10.4. SSI Shredding Systems
10.5. Jordan Reduction Solutions
10.6. Franklin Miller
10.7. Genox
10.8. Untha
10.9. ECO Green Equipment, LLC.
10.10. Granutech-Saturn Systems
10.11. ZERMA
10.12. Other

List of Figures

FIG. 1 Global Beauty Devices (Industrial Shredder) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Industrial Shredder Market Segmentation
FIG. 4 Global Industrial Shredder Market, by Product, 2019 (US$ Bn)
FIG. 5 Global Industrial Shredder Market, by End-user, 2019 (US$ Bn)
FIG. 6 Global Industrial Shredder Market, by Geography, 2019 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2019
FIG. 8 Global Market Positioning of Key Industrial Shredder Market Manufacturers, 2019
FIG. 9 Global Industrial Shredder Market Value Contribution, By Product, 2019 & 2027 (Value %)
FIG. 10 Global Industrial Shredder Market, by Single Shaft Industrial Shredder, Value, 2015-2027 (US$ Bn)
FIG. 11 Global Industrial Shredder Market, by Double Shaft Industrial Shredder, Value, 2015-2027 (US$ Bn)
FIG. 12 Global Industrial Shredder Market, by Three Shaft Industrial Shredder, Value, 2015-2027 (US$ Bn)
FIG. 13 Global Industrial Shredder Market, by Four Shaft Industrial Shredder, Value, 2015-2027 (US$ Bn)
FIG. 14 Global Industrial Shredder Market, by Product 5, Value, 2015-2027 (US$ Bn)
FIG. 15 Global Industrial Shredder Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 16 Global Industrial Shredder Market Value Contribution, By End-user, 2019 & 2027 (Value %)
FIG. 17 Global Industrial Shredder Market, by WEEE, Value, 2015-2027 (US$ Bn)
FIG. 18 Global Industrial Shredder Market, by MSW (Municipal Solid Waste), Value, 2015-2027 (US$ Bn)
FIG. 19 Global Industrial Shredder Market, by Paper Reject Recycling, Value, 2015-2027 (US$ Bn)
FIG. 20 Global Industrial Shredder Market, by Wood Waste Recycling, Value, 2015-2027 (US$ Bn)
FIG. 21 Global Industrial Shredder Market, by RDF Recycling, Value, 2015-2027 (US$ Bn)
FIG. 22 Global Industrial Shredder Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 23 U.S. Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 24 Rest of North America Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 25 U.K. Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 26 Germany Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 27 France Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 28 Rest of Europe Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 29 Japan Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 30 China Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 31 India Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 32 Rest of Asia Pacific Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 33 Middle East & Africa Industrial Shredder Market, 2015-2027 (US$ Bn)
FIG. 34 Latin America Industrial Shredder Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (Industrial Shredder) Market
TABLE 2 Global Industrial Shredder Market, by Product, 2015-2027 (US$ Bn)
TABLE 3 Global Industrial Shredder Market, by Application, 2015-2027 (US$ Bn)
TABLE 4 Global Industrial Shredder Market, by Technology, 2015-2027 (US$ Bn)
TABLE 5 Global Industrial Shredder Market, by End-user, 2015-2027 (US$ Bn)
TABLE 6 Global Industrial Shredder Market, by Geography, 2015-2027 (US$ Bn)
TABLE 7 North America Industrial Shredder Market, by Product, 2015-2027 (US$ Bn)
TABLE 8 North America Industrial Shredder Market, by End-user, 2015-2027 (US$ Bn)
TABLE 9 North America Industrial Shredder Market, by Country, 2015-2027 (US$ Bn)
TABLE 10 Europe Industrial Shredder Market, by Product, 2015-2027 (US$ Bn)
TABLE 11 Europe Industrial Shredder Market, by End-user, 2015-2027 (US$ Bn)
TABLE 12 Europe Industrial Shredder Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 13 Asia Pacific Industrial Shredder Market, by Product, 2015-2027 (US$ Bn)
TABLE 14 Asia Pacific Industrial Shredder Market, by End-user, 2015-2027 (US$ Bn)
TABLE 15 Asia Pacific Industrial Shredder Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 16 RoW Industrial Shredder Market, by Product, 2015-2027 (US$ Bn)
TABLE 17 RoW Industrial Shredder Market, by End-user, 2015-2027 (US$ Bn)
TABLE 18 RoW Industrial Shredder Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 19 VECOPLAN: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 China Shredder: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Linder-Recyclingtech: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 SSI Shredding Systems.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Jordan Reduction Solutions: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Franklin Miller: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 25 Genox: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 26 Untha: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 27 ECO Green Equipment, LLC.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 28 Granutech-Saturn Systems: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 29 ZERMA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30 Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31 Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments