A decorative polymeric ribbon material produced by cutting a sheet or web of flexible material into strips of decorative polymeric ribbon material such that the decorative polymeric ribbon material can be wrapped about items and formed into bows and decorative ornamentations containing ruffles, loops and curved segments. The decorative polymeric ribbon material can be a polymeric material or a laminated polymeric material having at least a portion of one surface thereof modified to provide a texture or appearance simulating the texture or appearance of paper while maintaining the structural and mechanical characteristics of the polymeric material from which the decorative polymeric ribbon material is formed.