Lubricants and oils and greases and anti corrosives
The market for lubricants and oils in the Eastern Cape is worth about R33 million, which is a decent size. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing market. With only 6 suppliers currently serving 11 government departments, it's relatively uncrowded, which could be a favourable opportunity for your business. The fact that there's currently no allocation for black-owned, women-owned, or youth-owned businesses means you'll be competing on a level playing field. If I were you, I'd research the 11 departments buying these products and try to establish relationships with them to get a foothold in this market.
R33M
6
11
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
0.0%
0.0%
0.0%
0.0%