Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Annual global sales of IKEA 2001-2020

IKEA is an internationally known home furnishing retailer. IKEA’s annual revenue has seen constant growth over the past two decades. In 2019, the company made around 41.3 billion euros in revenue globally. Due to the coronavirus crisis, the revenue declined for the first time in 2020, amounting to 39.6 billion euros.

Where was IKEA founded?

IKEA is a Dutch-based Swedish multinational company. It was founded in 1943 as a mail-order sales business and began to sell furniture in 1948. The first IKEA retail store was opened in 1958 in Småland, Sweden. Today it is the world's largest furniture retailer, recognized for its Scandinavian style. In 2019, Europe was home to the most IKEA stores worldwide, with over 250 stores across the continent. All other regions accounted for less than 100 stores.

How does IKEA work?

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, which are also less costly whilst using the newest ways of packaging, handling and transporting materials. Their business model works; IKEA was the leading furniture retailer in Europe by far in 2019 based on revenue. IKEA’s worldwide brand value reached almost 17 billion euros in 2020.

Annual revenue of the IKEA Group worldwide from 2001 to 2020

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until May 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

September 2020

Region

Worldwide

Survey time period

2001 to 2020

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
Figures prior to FY17 were taken from previous publications from the source.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Furniture market in Sweden"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.