The market for signage and accessories in the Western Cape is worth about R9.4 million, which is a decent size. However, it's not growing at the moment, with zero year-on-year growth, so you'll need to compete for a share of the existing market. With 42 suppliers already in the mix, it's a fairly crowded space, and you'll need to stand out to get noticed by the 9 departments that are buying. It's worth noting that the government is prioritising businesses with a strong black economic empowerment profile, with over 76% of the spend going to black-owned businesses. If you're considering entering this market, make sure you understand the B-BBEE requirements and have a clear plan to meet them, as this will give you a competitive edge.
R9M
42
9
R130K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
76.6%
49.9%
31.5%
1.0%