The global packaging industry experienced a 50% decline in the number of robotics-related patent applications in Q4 2023 compared with the previous quarter. The total number of robotics-related grants dropped by 7% in Q4 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Packaging: Patents Trends Q4 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
Notably, the number of robotics-related patent applications in the packaging industry was 71 in Q4 2023, versus 142 in the prior quarter.
The top five companies accounted for 21% of patenting activity
Analysis of patenting activity by companies shows that Amorepacific Group filed the most robotics patents within the packaging industry in Q4 2023. The company filed 5 robotics-related patents in the quarter. It was followed by Krones with 4 robotics patent filings, Gerhard Schubert (2 filings), and Walmart (2 filings) in Q4 2023.
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Patenting activity was driven by the US with a 34% share of total patent filings
The largest share of robotics related patent filings in the packaging industry in Q4 2023 was in the US with 34%, followed by Japan (13%) and China (11%). The share represented by the US was 11% higher than the 23% share it accounted for in Q3 2023.
For further understanding of GlobalData's Packaging: Patents Trends Q4 2023, buy the databook here.
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