According to the latest "2026 Global Raffia-Based Products Market Report" by Global Info Research, the global raffia products market continued to expand in 2025, with synthetic raffia (made from materials such as polypropylene) showing particularly strong growth in gift packaging and handcrafting applications.
The report identifies major raffia producers concentrated in India, China, Thailand, the UAE, and Kenya. India maintains a complete industrial chain with over a dozen manufacturers including Filatex India, Polymer India, and GSC Raffia. Chinese players such as Huzhou Hengfeng Raffia, Kingtech International, and Shenghua International are actively competing in the global market.
Raffia yarns and twines, packaging materials, and crafts/decorative products remain the three core application segments. In gift packaging particularly, biodegradable and recyclable raffia paper shreds are increasingly replacing traditional plastic fillers amid global plastic restrictions and rising environmental awareness.
QYResearch data shows steady revenue growth in China's raffia products market, with projected market size reaching $48.16 million by 2032, representing a 3.8% CAGR from 2026 to 2032. Analysts predict the Asia-Pacific region will continue leading global raffia market growth, driven by sustained demand for eco-friendly packaging and handcrafting materials in China, Japan, and India.