- In May 2025, Konica Minolta partnered with Shred-It to introduce integrated document shredding services, significantly enhancing the company's secure document management capabilities. This strategic collaboration is expected to expand the service-based segment of the shredding market by offering businesses a comprehensive solution for document disposal, reinforcing demand across commercial sectors
- In January 2025, the European Union enforced new data protection regulations that introduced stricter requirements for the disposal of confidential documents. This policy shift is driving a notable surge in shredder adoption across both residential and office environments, as individuals and organizations seek to comply with the updated privacy mandates
- In October 2024, Swingline, a brand of ACCO Brands, acquired U.K.-based Sentinel Paper Shredders to strengthen its foothold in the European market. The acquisition broadens Swingline’s product offerings and customer reach, thereby accelerating competition and product diversification within the region’s paper shredders market
- In February 2024, Fellowes launched the Powershred WS79Ci, an intelligent cross-cut shredder featuring a touchscreen interface, Wi-Fi connectivity, and remote scheduling functionality. This innovation reflects the rising consumer demand for smart, user-friendly shredders, especially among tech-savvy home and small office users
- In June 2023, Fellowes expanded its Powershred 400 Series with the introduction of the Powershred 425HS, a P7 high-security shredder compliant with TAA and BAA standards. Alongside the product launch, the company increased manufacturing capacity at its Illinois facility, boosting the domestic supply of secure shredding solutions and reinforcing the U.S. market's leadership in high-security paper disposal systems.
