The UKIPO has completed a study into trademark applications after it identified the need to forecast future trends due to being faced with high year-on-year increases in filings.
The resulting report said that, since 2011, annual growth in the number of trademark filings has been consistently above 10 percent, mostly derived from UK-based companies.
In 2011, the total number of trademark applications sat at 36,322, with a 10.7 percent increase in 2012 to 40,224. Nearly 74 percent of these filings were from domestic companies.
More recently, in 2016, 61,248 new trademarks were filed, with a forecasted 10 percent increase (66,793 applications) in 2017.
The office has also seen a rise in trademark filings from individuals in recent years. For example, with the 14.8 percent rise in overall trademark applications in 2013, individual filings contributed just under 67 percent.
But 2014 did see the individual contribution drop to 7.6 percent. The data for 2015 and 2016 was not available.
The increases are thanks to first time filers, who consistently contributed to over 50 percent of filings between 2011 and 2016.
The report also identified Brexit as likely to affect trademark filings in the UK.
Following the introduction of EU trademark, many businesses, especially those from outside of the UK, began to use the EU trademark instead of registering in the UK.
As a result of the UK leaving the EU, the UK could see an increase in trademark filings for trademark owners who need protection in the UK, which could previously be acquired through the EU trademark.
The UKIPO added that it is “likely that some of these filers explicitly sought to protect their IP in the EU, because they do not require protection in the UK”.