info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)

Packaging Industry Faces 2 Percent Decline in the Patent Fillings

By Anshula Mandaokar , 13 September, 2023

The global packaging industry has been boosted by the number of orders worldwide, parcel volumes, and many other factors. The global packaging industry has recorded a 2 percent decline in patent fillings for the second quarter of 2023, thus decreasing the total patent publications by 2 percent, per the new studies.

Based on a study, the patent applications in the second quarter of 2023 were 10,777, and 10,997 in the first quarter of 2023. The filings have declined by 21 percent on a year-over-year basis, but based on quarterly records, they have decreased by 2 percent. According to the trusted sources, most of the patenting activity is in the Industrial Automation Sector, with a 15 percent decline compared to the last quarter of 2022; here, 78 patents were filled in the first quarter of 2023. The IT sector covered the second largest patent count, followed by the records management sector, with 65 and 61 patent fillings, respectively. The top five companies accounted for 5 percent of patenting activity. In the first phase of 2023, Krones filled for 172 patents, nextly Dai Nippon Printing with 99 patents, followed by Westrock with 87 patents, among others.

China has 35 percent of patent filings in the packaging industry to its name in the second quarter of 2023, followed by the United States and Japan with 13 and 9 percent, respectively. The data from studies shows 13 biggest shipping markets are the reason for 161 billion posted packages in 2022. It shows that East Asian nations are responsible for the 110.6 billion packages in 2022, followed by the United States and Japan with 21 billion and 9 billion parcels, respectively. The United States generated a revenue of USD 198 in shipping services compared to China and Japan in 2022.

Packaging Industry Patenting Activity Related to Environmental Sustainability

PACKAGING-INDUSTRY.jpg

Latest News

2025.png
Advanced Packaging Reshapes Chip Industry in 2025

The world of semiconductors is evolving with new advanced multichip packaging innovations in 2025. Due to the advancements, the chip's performance improves, mobile devices and new GenAI technology can be produced promptly, and production and…

Read More

2025.png
AI Reinvents Energy Efficiency in Building Designs 2025: A Novel Approach to Clean Energy Transition

In 2025, AI technology will change energy efficiency in buildings, marking another milestone in the shift towards renewable energy. With AI, Building Management Systems (BMS) can now guarantee energy monitoring and optimization, which minimizes waste…

Read More

2050.png
Big Tech Backs Nuclear Expansion: Pledges to Triple Global Capacity by 2050

Leading technology giants Amazon, Google, and Meta have teamed up with other big energy users in a historic action at the CERAWeek 2025 energy conference in Houston to promote an ambitious initiative: doubling world nuclear power capacity by 2025…

Read More

Shifts.png
China’s Refining Industry Sees 2.1% Growth in Early 2025 Amid Rising Fuel Demand and Geopolitical Shifts

China's refining sector showed resilience and adaptability in the first months of 2025, raising crude oil throughput by 2.1 percent over the year before. According to the National Bureau of Statistics, this increase resulted in a processing volume of…

Read More

2025.png
Elsevier Unveils ScienceDirect AI in 2025 to Revolutionize Research Efficiency

In March 2025, Elsevier launched ScienceDirect AI, a world-renowned leader in science and health information science. This state-of-the-art generative AI tool can potentially transform the industry with its revolutionary advances in research. This…

Read More

Author Pic
Anshula Mandaokar

Team Lead - Research