The global consumer industry experienced a 51% decline in the number of ecommerce-related patent applications in Q2 2023 compared with the previous quarter. The total number of ecommerce-related grants dropped by 25% in Q2 2023, according to GlobalData’s Patent Analytics. GlobalData’s Ecommerce in Consumer Goods – Thematic Research report offers a precise understanding of the impact of ecommerce on consumer goods industry with insights on value chain analysis, and information on specialist ecommerce vendors. Buy the report here.
Notably, the number of ecommerce-related patent applications in the consumer industry was 56 in Q2 2023, versus 115 in the prior quarter.
The top five companies accounted for 38% of patenting activity
Analysis of patenting activity by companies shows that Strong Force Iot Portfolio 2016 filed the most ecommerce patents within the consumer industry in Q2 2023. The company filed 9 ecommerce-related patents in the quarter, compared with 4 in the previous quarter. It was followed by L'Oreal with 4 ecommerce patent filings, Rakuten Group (3 filings), and ASICS (3 filings) in Q2 2023.
Patenting activity was driven by the US with a 57% share of total patent filings
The largest share of ecommerce related patent filings in the consumer industry in Q2 2023 was in the US with 57%, followed by Japan (13%) and China (7%). The share represented by the US was 13% higher than the 44% share it accounted for in Q1 2023.
For further understanding of GlobalData's Ecommerce in Consumer Goods, 2022 Update - Thematic Research buy the report here.