Your business is looking at the medical facility products market in KwaZulu Natal, which is worth about R25 million. This market is relatively stable, with no year-on-year growth, so you can expect a steady demand for your products. With only 13 suppliers currently operating in this space, it's not overly crowded, which could favour your organisation if you can offer competitive pricing and quality. The fact that there's only one department involved in procurement also simplifies the process. If I were you, I'd focus on building a strong relationship with this department to increase your chances of securing a contract.
Market Size
R25M
Suppliers
13
Departments
1
Avg Transaction
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
Spending Trend
2018/19
R13M
2019/20
R13M
2020/21
R7M
2021/22
R19M
2022/23
R28M
2023/24
R6M
2024/25
R689K
2025/26
R25M