You're looking to break into the biological science services market in Mpumalanga, which is worth about R4.7 million. This market is relatively small and not growing, with no year-over-year growth recorded. It's also a fairly exclusive space, with only 5 suppliers currently working with the single department that procures these services. The good news is that there's a strong emphasis on supporting black, women, and youth-owned businesses, with nearly half of the spend going to black-owned companies. To get a foot in the door, you should focus on ensuring your B-BBEE level is up to date and favourable, as this will give you a competitive edge in this market.
Market Size
R5M
Suppliers
5
Departments
1
Avg Transaction
R787K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
Black Owned
46.4%
Women Owned
29.1%
Youth Owned
23.9%
Disabled Owned
0.1%
Spending Trend
2018/19
R992K
2020/21
R1M
2021/22
R5M