The global consumer industry experienced a 22% drop in company filings mentions of blockchain in Q2 2023 compared with the previous quarter, with the highest share accounted for by LVMH Moet Hennessy Louis Vuitton with 33% year-on-year decrease, according to GlobalData’s analysis of over 28 consumer company filings. GlobalData’s Blockchain Market Size, Share, Trends, and Segment Forecast to 2030 report offers a forward-looking analysis of the market including market sizing up to 2026, segmentation by application and key verticals, potential growth opportunities, and competitive profiling and benchmarking. Buy the report here.

Notably, blockchain was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of social and experience economy, according to GlobalData.

Of the top leading companies in the consumer industry, LVMH Moet Hennessy Louis Vuitton had the greatest increase in references for blockchain in Q2 2023, compared with the previous quarter. GlobalData identified two blockchain-related sentences in the company's filings - 2% of all sentences - and an increase of 100% in Q2 2023 compared with Q2 2022. Compagnie Financiere Richemont’s mentions of blockchain rose by 100% to 1 and Reckitt Benckiser Group’s by 100% to 1.

GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for blockchain in Q2 2023 was 102.

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This content was updated on 17 July 2023

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.