The market for packing supplies in Gauteng is worth about R3.6 million, which is a decent size for a niche market. However, with zero year-on-year growth, it's not an expanding market, so you'll need to compete for a share of the existing spend. With only 20 suppliers currently serving the single department that buys these supplies, it's relatively uncrowded, which could be an opportunity for your business. To get a foothold in this market, you should start by researching the specific needs of the department that's buying these supplies, and tailor your offering accordingly. By understanding their requirements, you can position your business to compete effectively for a share of this R3.6 million market.
R4M
20
1
R180K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%