The storage market in the Western Cape is relatively small, with a total spend of about R28,6 million. This market is not growing, as it has shown zero year-over-year growth, which could indicate a challenging environment for new entrants. It's also a fairly exclusive market, with only one supplier currently serving one department, making it quite crowded. Your business will need to favour black-owned, women-owned, and youth-owned organisations to tap into the majority of the market, with about 57% of the allocation going to black-owned businesses. If I were you, I'd focus on building relationships with the relevant department and understanding their specific storage needs to try and get a foothold in this market.
R29K
1
1
R29K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
56.6%
31.5%
25.6%
0.3%