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NAICS Code 561990-19 Description (8-Digit)

The Paper-Shredded industry involves the destruction of confidential documents and sensitive information through shredding. This industry is a subdivision of the NAICS Code 561990, which covers all other support services. The primary focus of Paper-Shredded companies is to provide secure and efficient shredding services to businesses and individuals who need to dispose of sensitive documents.

Hierarchy Navigation for NAICS Code 561990-19

Parent Code (less specific)

Tools

Tools commonly used in the Paper-Shredded industry for day-to-day tasks and operations.

  • Industrial shredders
  • Mobile shredding trucks
  • Shredding bins and containers
  • Shredding software and systems
  • Shredding bags and liners
  • Shredding accessories (e.g. oil, lubricant sheets, replacement parts)
  • Security cameras and alarms
  • GPS tracking systems for mobile shredding trucks
  • Barcode scanners for tracking and inventory management
  • Electronic signature pads for proof of destruction

Industry Examples of Paper-Shredded

Common products and services typical of NAICS Code 561990-19, illustrating the main business activities and contributions to the market.

  • Document destruction services
  • Secure shredding services
  • On-site shredding services
  • Off-site shredding services
  • Scheduled shredding services
  • One-time shredding services
  • Hard drive destruction services
  • Media destruction services
  • Product destruction services
  • Paper recycling services

Certifications, Compliance and Licenses for NAICS Code 561990-19 - Paper-Shredded

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • NAID AAA Certification: The National Association for Information Destruction (NAID) AAA Certification is a voluntary certification program for companies that provide information destruction services. It ensures that the company follows strict security protocols and procedures to protect confidential information. The certification is provided by NAID.
  • FACTA Disposal Rule Compliance: The Fair and Accurate Credit Transactions Act (FACTA) Disposal Rule requires businesses to take appropriate measures to dispose of sensitive information derived from consumer reports. Compliance with this rule is mandatory for businesses that collect and use consumer information. The rule is enforced by the Federal Trade Commission (FTC).
  • HIPAA Compliance: The Health Insurance Portability and Accountability Act (HIPAA) requires healthcare providers and their business associates to protect the privacy and security of patients' protected health information (PHI). Compliance with HIPAA is mandatory for businesses that handle PHI. The regulation is enforced by the Department of Health and Human Services (HHS).
  • PCI DSS Compliance: The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that all companies that accept, process, store or transmit credit card information maintain a secure environment. Compliance with PCI DSS is mandatory for businesses that handle credit card information. The standard is enforced by the major credit card companies.
  • ISO 27001 Certification: The International Organization for Standardization (ISO) 27001 is a globally recognized standard for information security management systems (ISMS). It provides a framework for managing and protecting sensitive information. The certification is provided by accredited certification bodies.

History

A concise historical narrative of NAICS Code 561990-19 covering global milestones and recent developments within the United States.

  • The "Paper-Shredded" industry has its roots in the early 1900s when the first paper shredder was invented by Abbot Augustus Low. The first shredder was a hand-cranked machine that was used to shred paper into small pieces. In the 1930s, Adolf Ehinger created a more advanced shredder that was electrically powered and could shred more paper at a faster rate. The industry continued to grow and develop throughout the 20th century, with advancements in technology leading to more efficient and secure shredding methods. In recent years, the industry has seen a rise in demand due to concerns over identity theft and data breaches. The use of paper shredders has become more widespread in both personal and business settings, with many companies offering shredding services to their customers. In the United States, the "Paper-Shredded" industry has seen significant growth in recent years. According to a report by Market Research Future, the global paper shredder market is expected to grow at a CAGR of 5.3% from 2017 to 2023. The growth of the industry can be attributed to the increasing need for secure document destruction in both personal and business settings. The rise in identity theft and data breaches has led to a greater awareness of the importance of secure document disposal, driving demand for paper shredding services. Additionally, the increasing adoption of paper shredders in government and corporate settings has contributed to the growth of the industry. Overall, the "Paper-Shredded" industry is expected to continue to grow in the coming years as the need for secure document destruction remains a priority for individuals and businesses alike.

Future Outlook for Paper-Shredded

The anticipated future trajectory of the NAICS 561990-19 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The paper-shredding industry in the USA is expected to grow in the coming years due to the increasing need for secure document destruction. With the rise of identity theft and data breaches, businesses and individuals are becoming more aware of the importance of proper document disposal. Additionally, the shift towards a more environmentally conscious society has led to an increase in demand for paper recycling services. As a result, the paper-shredding industry is expected to experience steady growth in the future.

Industry Innovations for NAICS Code 561990-19

Recent groundbreaking advancements and milestones in the Paper-Shredded industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile Shredding Trucks: These trucks are equipped with shredding equipment and can come to a client's location to shred documents on-site, providing a more convenient and secure option for document destruction.
  • Shredding Technology Advancements: Innovations in shredding technology have led to more efficient and secure shredding processes, including cross-cut shredding and micro-cut shredding.
  • Online Document Destruction Services: Some companies now offer online document destruction services, allowing clients to securely upload and shred documents remotely.
  • Eco-Friendly Shredding: Many paper-shredding companies now offer eco-friendly shredding options, including recycling shredded paper and using biodegradable shredding bags.
  • Document Management Services: Some paper-shredding companies now offer document management services, including document scanning and storage, providing a more comprehensive solution for document management and destruction.

NAICS Code 561990-19 - Paper-Shredded

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