The liquid holdup study has been carried out on a two-dimensional cold model under non-wetting condition with lateral gas injection as it is done in the blast furnace. Non-dimensional numbers for both, cold model and blast furnace have been determined. The measurements of static and dynamic liquid holdups were made under different gas and liquid flow rates using two particulate materials of various diameters. Few experiments were performed under dry and wet bed conditions to ascertain the effect of bed history. Holdups results have been compared with the existing correlations available in the open literature. It is found that existing correlations are unable to predict the correct liquid holdup under the blast furnace conditions.