Environmental laboratory services
Your business is considering the environmental laboratory services market in Mpumalanga, which is currently worth about R36 million. This market is not growing, with zero year-over-year growth, and it's surprisingly not very crowded, with only one supplier currently operating in this space. The Department of Environmental Affairs is likely a key player here, and it's worth noting that they allocate a small portion of their spend to black-owned businesses, at around 8.5%. Given the relatively small and stagnant market, you'll need to carefully consider your competition and potential clients. If I were you, I'd focus on building relationships with the single department currently procuring these services, to get a foot in the door and potentially expand your favour with them.
R37K
1
1
R37K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
8.5%
1.0%
0.1%
0.0%