Your business is considering the containers and storage market in Gauteng, which is worth about R516 million. This market is relatively small and not growing, with no year-over-year growth recorded. It's also a fairly exclusive space, with only 5 suppliers currently working with 2 government departments. The good news is that there's a strong emphasis on supporting smaller companies, with over 56% of the spend going to black-owned businesses, so if your organisation has a good B-BBEE level, you may have a competitive advantage. To get a foothold in this market, start by researching the specific needs of the 2 departments that are currently buying containers and storage solutions in Gauteng.
R517K
5
2
R103K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
56.6%
31.5%
25.6%
0.3%