The market for additives in Gauteng is worth about R28 million, which is a decent size. However, it's not growing, with zero year-on-year growth, so you'll need to compete for existing business. With 56 suppliers already in the mix, it's a fairly crowded space, and you'll be dealing with a relatively small number of departments, just 6 in total. It's also worth noting that the government is favouring businesses with strong black economic empowerment credentials, with about 67% of the allocation going to black-owned businesses. If I were you, I'd focus on getting your B-BBEE level in order to give yourself a competitive edge in this market.
R28M
56
6
R317K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
66.9%
34.4%
24.6%
0.4%