Lamps and lightbulbs and lamp components
The market for lamps and lightbulbs in the Eastern Cape is relatively small, with a total spend of about R53 thousand. This market is not growing, as the year-over-year growth is zero, which might indicate a saturated market. With only 4 suppliers currently operating in this space, it's not extremely crowded, but you'll still need to differentiate your business to stand out. The Department of Trade and Industry's Black Economic Empowerment programme favours businesses with black ownership, which is allocated about 75% of the spend, so if your business meets this criteria, you may have a competitive advantage. If I were you, I'd consider getting certified as a black-owned business to increase your chances of securing contracts with the 2 departments that are currently procuring these goods.
R53K
4
2
R13K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
75.2%
30.1%
34.8%
0.1%