Merger and Acquisition Wave in the Global Packaging Industry

In recent years, merger and acquisition activities in the packaging industry have become increasingly frequent, with many large companies acquiring innovative firms to enhance market competitiveness. For example, packaging company Amcor acquired a company focused on biodegradable materials in 2023 to expand its footprint in the sustainable packaging sector. According to analysts, the number of mergers and acquisitions in the global packaging industry increased by 20% year-on-year in the half of 2023. This trend reflects the need for businesses to rapidly adjust their strategies and seek innovation in response to intensifying market competition and technological changes.