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Home Business

LG To Unveil Refrigerators With Advanced Cooling Technology 

by Ngozi Ibe
8 hours ago
in Business
Reading Time: 2 mins read
LG,LG To Unveil Refrigerators With Advanced Cooling Technology
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LG has said it will unveil new-generation refrigerators equipped with next-level features that have already received positive reviews in international markets.

According to the company, consumers can look forward to Sleek, modern designs with enhanced storage solutions, advanced cooling technologies to preserve freshness longer, and Eco-conscious engineering that aligns with global sustainability goals.

According to the general manager, Home Solutions, LG Electronics Nigeria, Mr. Oktai Kim, the 2025 LG refrigerator lineup represents a bold leap into the future of home living. He said, “With the LG MoodUP™ refrigerator leading the way, we are merging cutting-edge innovation with lifestyle expression—bringing colour, intelligence, and energy efficiency into the heart of every Nigerian home. This is more than refrigeration; it’s a dynamic experience that reflects how today’s consumers live, connect, and create. We believe the LG MoodUP™ speaks to the Nigerian spirit—colourful, expressive, bold, and connected.

“It’s more than a kitchen appliance. It’s part of how Nigerians live, celebrate, and innovate. As the nation witnesses a year buzzing with innovation and rising aspirations, LG Electronics is turning up the cool, redefining home living with smarter, greener refrigerators, built to match the rhythm of the modern Nigerian lifestyle.”

Experts said that the Nigerian refrigerator market is set to witness a dramatic surge. It is projected to grow from USD 814.2 million in 2023 to USD 1,777.8 million by 2029, representing a robust 13.9% CAGR.

According to a report by StrategyHelix, Urbanization, a rising middle class, and growing disposable incomes are key drivers of this expansion. Despite this growth, average revenue per household is forecasted at just USD 46.27 in 2025, indicating that while demand grows, affordability remains a central concern for most families.

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