The global packaging industry experienced a 43% decline in the number of robotics-related patent applications in Q2 2024 compared with the previous quarter. The total number of robotics-related grants dropped by 30% in Q2 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Packaging: Patents Trends Q2 2024 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 79 in Q2 2024, versus 138 in the prior quarter.
The top five companies accounted for 22% of patenting activity
Analysis of patenting activity by companies shows that Ocado Group filed the most robotics patents within the packaging industry in Q2 2024. The company filed 7 robotics-related patents in the quarter, compared with 3 in the previous quarter. It was followed by Toronto-Dominion Bank with 3 robotics patent filings, Krones (3 filings), and Tetra Laval International (2 filings) in Q2 2024.
Patenting activity was driven by the US with a 30% share of total patent filings
The largest share of robotics related patent filings in the packaging industry in Q2 2024 was in the US with 30%, followed by China (11%) and Japan (5%). The share represented by the US was 3% higher than the 28% share it accounted for in Q1 2024.
For further understanding of GlobalData's Packaging: Patents Trends Q2 2024, buy the databook here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.