The average lifespan of a refrigerator is about 12 years, but some brands can last over 20 years, making reliability a crucial factor for investment.
The global market for refrigerators exceeds 93 billion USD and is projected to grow at a 7% CAGR in the next decade, indicating strong demand.
LG is renowned for its innovative refrigerator designs, such as the door-in-door shelf system that minimizes cold air loss and showcases advanced features.
While LG’s refrigerators tend to be pricier, the investment is justified by their continuous updates and unique functionalities, appealing to consumers wanting the latest technology.
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