Business Plan for Rafia Mat Manufacturing
₦250,000.00 – ₦650,000.00
This business plan provides the information needed to make decisions about starting a raffia mat manufacturing plant. It is designed to attract investors to the business.
What is raffia mat
The raffia fiber is a natural fiber. It has similar properties like jute, bamboo and hemp fibers. The raffia fiber is obtained by peeling of raffia palm leaves. The raffia fiber is soft, pliable, strong, durable, easy to dye and biodegradable making it an excellent material for weaving baskets, hats, mats and rugs. It is also widely used for agricultural purposes to tie vegetables, plants in vineyards, flowers and floral arrangements. It is normally dyed with natural pigments.
Raffia mat is made using raffia fiber which is gotten from the raffia palm tree.
Uses of raffia mat
Raffia mat is usually used at home for decoration in the living room.
Customer Analysis
The main users of raffia mat in Nigeria are individuals and households but there are big opportunities for export.
Industry Analysis
In Nigeria raffia mat is produced artisanally.
The Business Opportunity
This business plan provides the information needed to make decisions about starting a raffia mat manufacturing plant. It is designed to attract investors to the business.
The video below shows the process of making a mat using Raffia Fronds and making it into a profitable business.