The market for accommodation furniture in KwaZulu Natal is a substantial one, with about R5.3 million spent by government departments in this area. This market is relatively stable, with no year-on-year growth recorded, so you'll need to compete for a share of existing spend. With 42 suppliers already active in this space, it's a fairly crowded market, but there is a strong emphasis on supporting black-owned, women-owned, and youth-owned businesses, with 74%, 19%, and 13% of spend allocated to these groups respectively. To succeed, you'll need to understand and navigate the procurement processes of the 6 departments that are buying accommodation furniture. If you're considering entering this market, start by researching the procurement requirements and preferences of these departments to identify potential opportunities for your business.
R5M
42
6
R85K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
74.1%
18.7%
12.7%
0.5%