The global consumer industry experienced a 53% decline in the number of environmental sustainability-related patent applications in Q3 2022 compared with the previous quarter. The total number of environmental sustainability-related grants dropped by 15% in Q3 2022, according to GlobalData’s whitepaper on Environmental Sustainability in Consumer – Patenting Activity in Q3 2022.
Notably, the number of environmental sustainability-related patent applications in the consumer industry was 259 in Q3 2022, versus 550 in the prior quarter.
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Analysis of patenting activity by companies shows that Nestle filed the most environmental sustainability patents within the consumer industry in Q3 2022. The company filed 14 environmental sustainability-related patents in the quarter, compared with 8 in the previous quarter. It was followed by Procter & Gamble with 12 environmental sustainability patent filings, Guangdong Oppo Mobile Telecommunications (6 filings), and LG (5 filings) in Q3 2022.
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The largest share of environmental sustainability related patent filings in the consumer industry in Q3 2022 was in the US with 13%, followed by Japan (8%) and China (7%). The share represented by the US was 5% higher than the 8% share it accounted for in Q2 2022.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
