The global apparel industry experienced a 15% decline in the number of social responsibility-related patent applications in Q3 2023 compared with the previous quarter. The total number of social responsibility-related grants dropped by 2% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Apparel: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
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Notably, the number of social responsibility-related patent applications in the apparel industry was 385 in Q3 2023, versus 453 in the prior quarter.
The top five companies accounted for 22% of patenting activity
Analysis of patenting activity by companies shows that NIKE filed the most social responsibility patents within the apparel industry in Q3 2023. The company filed 66 social responsibility-related patents in the quarter, compared with 56 in the previous quarter. It was followed by Lululemon Athletica with 5 social responsibility patent filings, Levi Strauss & Co (5 filings), and Shoei (4 filings) in Q3 2023.
Patenting activity was driven by the US with a 30% share of total patent filings
The largest share of social responsibility related patent filings in the apparel industry in Q3 2023 was in the US with 30%, followed by China (20%) and South Korea (9%). The share represented by the US was 4% higher than the 26% share it accounted for in Q2 2023.
For further understanding of GlobalData's Apparel: Patents Trends Q3 2023, buy the databook here.
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