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Annual revenue of IKEA worldwide from 2001 to 2018
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Annual revenue of IKEA worldwide from 2001 to 2018
Annual revenue of the IKEA Group worldwide from 2001 to 2018 (in billion euros)*
by Liam O'Connell,
last edited
Sep 3, 2019
This timeline depicts the annual revenue of the IKEA Group worldwide from 2001 to 2018. In 2018, the global revenue generated by the IKEA Group amounted to 38.8 billion euros.
IKEA
IKEA is an internationally known home furnishing retailer. It has grown rapidly since it was founded in 1943. Today it is the world's largest furniture retailer, recognized for its Scandinavian style. The majority of IKEA's furniture is flat-pack, ready to be assembled by the consumer. This allows a reduction in costs and packaging.
One of the key competitive advantages IKEA has is its extensive knowledge about the customers. The company understands the purchasing factors that influence customers to buy and implements the best practices to induce that decision.
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. To drive costs down all the time, the company must find new and innovative ways to do that and to incorporate them in its business model. 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.
According to Millward Brown Optimor's "Brandz Top 100 Most Valuable Global Brands 2018", not only is IKEA the most valuable furniture retailer brand in the world, it is also the seventh most valuable retailer in the world, valued at nearly 17.5 billion U.S. dollars. The business operates 422 stores and is present in the major world markets. There are more than 957 million customer visits to IKEA stores every year.
Since it was founded IKEA has always had concern for people and the environment. The IKEA vision ‘to create a better everyday life for the many people’ puts this concern at the heart of the business.
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by Liam O'Connell,
last edited
Sep 3, 2019
This timeline depicts the annual revenue of the IKEA Group worldwide from 2001 to 2018. In 2018, the global revenue generated by the IKEA Group amounted to 38.8 billion euros.
IKEA
IKEA is an internationally known home furnishing retailer. It has grown rapidly since it was founded in 1943. Today it is the world's largest furniture retailer, recognized for its Scandinavian style. The majority of IKEA's furniture is flat-pack, ready to be assembled by the consumer. This allows a reduction in costs and packaging.
One of the key competitive advantages IKEA has is its extensive knowledge about the customers. The company understands the purchasing factors that influence customers to buy and implements the best practices to induce that decision.
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. To drive costs down all the time, the company must find new and innovative ways to do that and to incorporate them in its business model. 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.
According to Millward Brown Optimor's "Brandz Top 100 Most Valuable Global Brands 2018", not only is IKEA the most valuable furniture retailer brand in the world, it is also the seventh most valuable retailer in the world, valued at nearly 17.5 billion U.S. dollars. The business operates 422 stores and is present in the major world markets. There are more than 957 million customer visits to IKEA stores every year.
Since it was founded IKEA has always had concern for people and the environment. The IKEA vision ‘to create a better everyday life for the many people’ puts this concern at the heart of the business.
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- Release date
- August 2018
- Region
- Worldwide
- Survey time period
- 2001 to 2018
- Supplementary notes
-
Fiscal year runs from September 1st to August 31st of the following year.
*The revenue includes sales of goods and rental income from commercial property.
** FY16 figures were restated in FY17
Source
- Show sources information
- Show publisher information
- Release date
- August 2018
More information
- Region
- Worldwide
- Survey time period
- 2001 to 2018
- Supplementary notes
-
Fiscal year runs from September 1st to August 31st of the following year.
*The revenue includes sales of goods and rental income from commercial property.
** FY16 figures were restated in FY17
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- Furniture consumption in Sweden from 2002 to 2018 (in billion SEK)Furniture market consumption in Sweden 2002-2018
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- Value of Swedish furniture exports from 2002 and 2018 (in billion SEK)Sweden: furniture export value 2002-2018
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- Value of furniture imported into Sweden from 2002 to 2018 (in billion SEK)Sweden: furniture import value 2002-2018
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- Number of retail store enterprises specializing in sale of furniture, lighting equipment and other household articles in Sweden from 2008 to 2016Sweden: furniture, lighting and household article retail store enterprises 2008-2016
- IKEA
The most important statistics
- Annual revenue of the IKEA Group worldwide from 2001 to 2018 (in billion euros)*Annual revenue of IKEA worldwide from 2001 to 2018
- Number of stores of the IKEA Group worldwide in 2018, by regionNumber of stores of the IKEA Group worldwide 2018, by region
- Sales share of INGKA Holdings B.V. (IKEA) in 2018, by regionSales share of IKEA in 2018, by region
- Leading 5 purchasing countries of IKEA products from 2012 to 2016Leading 5 purchasing countries of IKEA products 2012-2016
- Number of employees of the IKEA Group worldwide in 2017, by function (in thousands)Number of employees of the IKEA Group worldwide 2017, by function
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Further Content: Statistics, Studies, and Topic Pages
Statistics
- Transport volume of IKEA goods worldwide 2011, by transportation type
- IKEA Foundation Soft Toys campaign donations worldwide 2003-2015
- Global energy consumption in IKEA buildings 2011, by building type
- Number of employees of the IKEA Group worldwide 2010-2015, by region
- Annual donations by IKEA Foundation worldwide 2010-2015
- Purchasing share of IKEA 2015, by region
- Revenue of IKEA in Germany 2006-2017
- Global retail sales share of IKEA in 2018, by area of the home
- Global retail sales share of IKEA in 2018, by sales channel
- Global brand value of IKEA from 2017 to 2019
- Type of furniture most affected by furniture tariff increases in the U.S. in 2018
- IKEA Korea sales revenue in South Korea 2016-2017
- Number of employees of IKEA in Spain 2011-2017
- Sales value of Sarton Canarias SA in Spain 2014-2017
- Sales value of IKEA in Spain 2014-2017
- Share of furniture exports from Hong Kong 2015-2017, by category
- Furniture import value to Japan 2018, by region
- Number of companies in the Spanish artisan sector by autonomies 2014
- Obstacles to innovation in Spanish craft companies 2014
- Number of companies in the Spanish artisan sector by subsectors 2014
Studies
- IKEA
- Furniture market in Norway
- Inter IKEA Group Financial Summary FY2018
- IKEA Sustainability Report 2017
- Office furniture in the United Kingdom (UK)
- Furniture market in Canada
- Outdoor furniture market in the U.S.
- Furniture retail in the U.S.
- Wayfair
- Office furniture in the U.S.
- Furniture market in Italy
- INGKA Holding B.V. Annual and Sustainability Report 2018
- IKEA Sustainability Report 2014
- IKEA Sustainability Report 2016
- IKEA Sustainability Report 2013
Statistics on "Furniture market in Sweden"
- Net sales of wood and furniture industry in Sweden from 2007 to 2017 (in billion SEK)
- Net sales of furniture manufacturing industry in Sweden in 2017, by product subsector (in million SEK)
- Furniture consumption in Sweden from 2002 to 2018 (in billion SEK)
- Ranking of companies in the furniture industry in Sweden as of June 2018, by turnover (in million SEK)
- Number of enterprises in the furniture manufacturing industry in Sweden in 2018, by subsector
- Production value of furniture in Sweden from 2002 to 2018 (in billion SEK)
- Production value of furniture in Sweden in 2017, by product group (in million SEK)
- Turnover of the furniture manufacturing industry in Sweden from 2008 to 2017 (in million euros)
- Number of enterprises in the manufacture of furniture industry in Sweden from 2008 to 2017
- Number of enterprises in the furniture manufacturing industry in Sweden in 2018, by employment size
- Value of Swedish furniture exports from 2002 and 2018 (in billion SEK)
- Distribution of furniture exports from Sweden as of 2018, by country market
- Value of furniture imported into Sweden from 2002 to 2018 (in billion SEK)
- Distribution of furniture imported into Sweden as of 2018, by country
- Number of retail store enterprises specializing in sale of furniture, lighting equipment and other household articles in Sweden from 2008 to 2016
- Annual revenue of the IKEA Group worldwide from 2001 to 2018 (in billion euros)*
- Number of stores of the IKEA Group worldwide in 2018, by region
- Sales share of INGKA Holdings B.V. (IKEA) in 2018, by region
- Leading 5 purchasing countries of IKEA products from 2012 to 2016
- Number of employees of the IKEA Group worldwide in 2017, by function (in thousands)
- Share of transport volume of IKEA goods worldwide in 2011, by transportation type
- IKEA Foundation Soft Toys campaign donations worldwide from 2003 to 2015 (in million euros)
- Global energy consumption in IKEA buildings in 2011, by building type (in gigawatt hours)
- Number of employees of the IKEA Group worldwide from fiscal year 2010 to fiscal year 2015, by region
- Annual donations by IKEA Foundation worldwide from 2010 to 2015* (in million euros)
- Purchasing share of IKEA in 2015, by region
- Revenue of IKEA in Germany from financial year 2006 to 2017 (in billion euros)
- Retail sales share of IKEA worldwide in fiscal year 2018, by product category
- Retail sales share of IKEA worldwide in fiscal year 2018, by sales channel
- IKEA's brand value worldwide from 2017 to 2019 (in million U.S. dollars)
- Which merchandise category is most affected by increases in tariffs?
- IKEA Korea's sales revenue in South Korea in fiscal year 2016 and fiscal year 2017 (in billion South Korean won)
- Number of employees of IKEA Ibérica S.A. in Spain from 2011 to 2017
- Annual sales value of Sarton Canarias SA in Spain from 2014 to 2017 (in 1,000 euros)
- Annual sales value of IKEA Ibérica S.A. in Spain from 2014 to 2017 (in 1,000 euros)
- Share of furniture exports from Hong Kong from 2015 to 2017, by category*
- Total import value of furniture to Japan in 2018, by region (in billion Japanese yen)
- Distribution of the number of companies in the artisan sector in Spain in 2014 by Autonomous Community
- Main obstacles with which artisan companies were at the time to innovate in Spain in 2014
- Distribution of the number of companies in the crafts sector in Spain in 2014, by subsectors
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