Collectibles and awards

The market for collectibles and awards in KwaZulu Natal is worth about R369,000, which is a relatively small market. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing spend. With only 8 suppliers currently serving 7 departments, it's not extremely crowded, which could be a favourable opportunity for your business. Your B-BBEE level will also play a significant role, as nearly 50% of the allocation goes to black-owned businesses, so it's essential to have a good understanding of the B-BBEE requirements. If I were you, I'd focus on building relationships with the 7 departments in KwaZulu Natal to get a foothold in this market.