Driven by the continual demand for efficient and sustainable packaging solutions, companies in this industry engage in strategic initiatives to adapt to evolving market needs. In response to changing preferences and environmental considerations, businesses often seek partnerships, collaborations, and acquisitions to enhance their capabilities, adopt eco-friendly practices, and broaden their global presence. Cross-border mergers and acquisitions (M&A) are commonplace strategies, enabling companies to enter new markets, leverage operational synergies, and diversify their product portfolios. The industry is significantly influenced by shifts in consumer behavior, technological advancements, and a heightened focus on sustainable packaging practices. Within this dynamic context, strategic decisions related to partnerships and acquisitions play a pivotal role in shaping companies' market positions, driving innovation, and addressing challenges such as eco-friendly packaging and supply chain efficiency in the global corrugated packaging sector. Key consolidators include but are not limited to International Paper, Smurfit Kappa, DS Smith, Packaging Corporation of America, Klabin, Mondi, Westrock, and Pratt Industries.