Driven by the constant need for efficient, sustainable, and visually appealing packaging, companies in this sector undertake strategic initiatives to adapt to evolving market demands. In response to changing regulations and the increasing focus on eco-friendly solutions, businesses often engage in partnerships, collaborations, and acquisitions to enhance their capabilities, offer comprehensive packaging solutions, and broaden their global footprint. Cross-border mergers and acquisitions (M&A) are prevalent strategies, allowing companies to access new markets, leverage technological advancements, and diversify their product portfolios. The sector is significantly shaped by advancements in printing technologies, sustainable packaging practices, and the growing demand for customized and innovative packaging solutions. Within this dynamic context, strategic decisions related to partnerships and acquisitions play a crucial role in shaping companies' market positions, driving innovation, and addressing challenges such as sustainability and supply chain efficiency in the global folding carton sector. Key consolidators include but are not limited to Billerud AB, Empresas CMPC S.A., Graphic Packaging Holding Company, Huhtamaki Oyi, Klabin, Mayr-Melnhof Karton, Metsa Board Oyi, Reno De Medici S.p.A., Smurfit Kappa, and Westrock Company.