Independent living aids for the physically challenged
The market for independent living aids for the physically challenged in the Western Cape is worth about R6.8 million, which is a decent size. However, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing market. With 33 suppliers already in the mix, it's a fairly crowded space, and you'll need to differentiate your business to stand out. It's worth noting that the Department of whatever department is procuring these aids is prioritising black-owned businesses, with about 45% of the allocation going to them. If I were you, I'd focus on building relationships with the single department that's doing all the procuring, to get a better understanding of their needs and how you can meet them.
R7M
33
1
R102K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
45.0%
15.3%
10.1%
0.9%