The packaging industry continues to be a hotbed of patent innovation. Activity is driven by rising environmental awareness, urbanization, and sustainability, and the growing importance of technologies, such as connected packaging, sustainable/eco-friendly packaging, and active packaging. In the last three years alone, there have been over 427,000 patents filed and granted in the packaging industry, according to GlobalData’s report on Environment sustainability in packaging: antibacterial waterproof packaging.
According to GlobalData’s Technology Foresights, which uses over 77,000 patents to analyze innovation intensity for the packaging industry, there are 30+ innovation areas that will shape the future of the industry.
Antibacterial waterproof packaging is a key innovation area in environmental sustainability
Waterproof organic packaging paper refers to the paper packaging type that does not get damaged when exposed to water. Moreover, being organic makes it an environmentally friendly packaging material.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 190+ companies, spanning technology vendors, established packaging companies, and up-and-coming start-ups engaged in the development and application of waterproof organic packaging paper.
Key players in antibacterial waterproof packaging – a disruptive innovation in the packaging industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to antibacterial waterproof packaging
Source: GlobalData Patent Analytics
In terms of application diversity, Pratt Industries leads the pack. MP Global Products and Huhtamaki stand in second and third positions, respectively. By means of geographic reach, MP Global Products holds the top position, followed by Philip Morris International and Yagna.
Waterproof organic packaging paper will potentially become the approach favored by many future packaging players. The importance of this packaging solution is reflected by the significant investments made by packaging players.
To further understand the key themes and technologies disrupting the packaging industry, access GlobalData’s latest thematic research report on ESG (Environmental, Social, and Governance) in Packaging.