Your business is looking at the medical facility products market in the Western Cape, which is worth about R7.3 million. This market is not growing or shrinking, as it has shown zero year-on-year growth. With only 15 suppliers currently operating in this space, it's relatively uncrowded, and there's only one department to deal with, making it a bit more straightforward to navigate. The fact that the market size is steady could be an opportunity for you to establish a strong foothold. If I were you, I'd focus on building a relationship with the single department responsible for procurement in this area to increase your chances of securing contracts.
Market Size
R7M
Suppliers
15
Departments
1
Avg Transaction
R251K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
Spending Trend
2018/19
R2M
2019/20
R5M
2020/21
R5M
2021/22
R5M
2022/23
R6M
2023/24
R23M
2024/25
R21M
2025/26
R7M