QYR Market Research Global Industrial Shredder market research | Page 3

QYResearch
• In the last several years, global market of industrial shredder developed
stable, with CAGR of 1.2% in the past five years. In 2016, Global Market
Size of industrial shredder is nearly 789.47 M USD; the actual sale is
about 24452 Units. The market is expected to reach USD 872.57 M USD
by 2022, at a CAGR of 1.65% between 2017 and 2022. The major factors
contributing to the growth of this market include the growing waste
treatment service.
• The global average price of industrial shredder is stable from 2012 to
2016. With the situation of global economy, prices will be in slowly
decreasing trend in the following five years.
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