IKEA: gross profit worldwide 2009-2021

In the financial year 2021, the global gross profit of IKEA amounted to about 12.88 billion euros, up from approximately 11.73 billion recorded a year earlier.

IKEA's unique selling proposition

IKEA is an internationally known home furnishing retailer with the vision of 'creating a better everyday life for the many people'. The company's products are flat-pack, ready to be assembled by the consumer. This allows a reduction in costs and packaging. Low prices are the cornerstone of the IKEA business idea and the company always tries to do things as efficiently and cost-effective as possible. The business’ innovations include new materials that contribute more to a sustainable environment and are less costly or using the newest ways of packaging, handling and transporting materials.

IKEA's brand value

As of 2021, is not only IKEA the most valuable furniture retailer brand in the world, it is also among the leading retail brands globally, valued at nearly 18 billion U.S. dollars. The business operates 445 stores and is present in the world's major markets. In 2020, there were more than 800 million customer visits to IKEA stores, and nearly four billion visits in the company's online webpage IKEA.com.