The global packaging industry experienced a 13% decline in the number of robotics-related patent applications in Q1 2024 compared with the previous quarter. The total number of robotics-related grants rose by 5% in Q1 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Packaging: Patents Trends Q1 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 91 in Q1 2024, versus 105 in the prior quarter.
The top five companies accounted for 26% of patenting activity
Analysis of patenting activity by companies shows that Krones filed the most robotics patents within the packaging industry in Q1 2024. The company filed 10 robotics-related patents in the quarter, compared with 4 in the previous quarter. It was followed by Sidel International with 5 robotics patent filings, AGCO (3 filings), and Ocado Group (3 filings) in Q1 2024.
Patenting activity was driven by the US with a 26% share of total patent filings
The largest share of robotics related patent filings in the packaging industry in Q1 2024 was in the US with 26%, followed by Japan (10%) and China (9%). The share represented by the US was 5% lower than the 31% share it accounted for in Q4 2023.
For further understanding of GlobalData's Packaging: Patents Trends Q1 2024, buy the databook here.
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