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In the sleepy home appliance industry, new trends are few and far between. Likely due to the nature of appliances - big, expensive and long-lasting, the demand for flashy new innovations from customers is non-existent compared to the smartphone industry. In 2011, LG Electronics (LG) decided to try something new. They introduced the LG Styler, a consumer-targeted waterless "garment care system", to an unexpected audience and waited for the reaction.
But last year, buoyed by strong reviews and a cabinet full of awards, demand for LG Electronics' Styler garment care system suddenly took off, albeit from a modest starting point. Recent data shows global sales of the second generation LG Styler literally "skyrocketing" in 2016, seeing an increase in sales of 253 percent globally compared to the previous year. In fact, in its home country of South Korea, one Styler is now sold every four minutes. Not bad for an appliance that was designed as a niche product.-PR

Copyright Business Recorder, 2017

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