You're looking at a relatively small market in Limpopo for containers and storage, with a total spend of about R32 million. This market isn't growing or shrinking, as it's shown zero year-over-year growth, which could indicate a stable but possibly competitive environment. With only two suppliers currently serving two departments, it's not a crowded space, which could favour your organisation if you decide to enter. Your B-BBEE level will be important here, as over 56% of the allocation goes to black-owned businesses, so having a strong transformation programme in place will be beneficial. If I were you, I'd analyse the current suppliers and departments involved to identify potential gaps in the market that your business could fill.
R32K
2
2
R16K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
56.6%
31.5%
25.6%
0.3%