In the financial year of 2024, about 71 percent of IKEA's global retail sales were generated in the company's existing retail stores. In comparison, online sales of the Swedish furniture retail conglomerate made up to about 26 percent of its global sales.
Global impact of IKEA
With it’s first store opening back in 1958 in Älmhult, a small town in the south of Sweden, IKEA has now grown into the world’s largest furniture retailer. Over the years, IKEA’s global annual revenue has shown a general increase, reaching over 45 billion euros in 2024.
IKEA online
With nearly one quarter of its revenue generated through online sales, IKEA’s web store is favored amongst global consumers. In 2023, IKEA.com ranked third amongst competitors worldwide in terms of e-commerce sales. In 2024, IKEA.com was visited over 4.5 billion times globally.
Retail sales share of IKEA worldwide in fiscal year 2024, by sales channel
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IKEA. (November 1, 2024). Retail sales share of IKEA worldwide in fiscal year 2024, by sales channel [Graph]. In Statista. Retrieved January 18, 2025, from https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/?__sso_cookie_checker=failed
IKEA. "Retail sales share of IKEA worldwide in fiscal year 2024, by sales channel." Chart. November 1, 2024. Statista. Accessed January 18, 2025. https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/?__sso_cookie_checker=failed
IKEA. (2024). Retail sales share of IKEA worldwide in fiscal year 2024, by sales channel. Statista. Statista Inc.. Accessed: January 18, 2025. https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/?__sso_cookie_checker=failed
IKEA. "Retail Sales Share of Ikea Worldwide in Fiscal Year 2024, by Sales Channel." Statista, Statista Inc., 1 Nov 2024, https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/?__sso_cookie_checker=failed
IKEA, Retail sales share of IKEA worldwide in fiscal year 2024, by sales channel Statista, https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/?__sso_cookie_checker=failed (last visited January 18, 2025)
Retail sales share of IKEA worldwide in fiscal year 2024, by sales channel [Graph], IKEA, November 1, 2024. [Online]. Available: https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/?__sso_cookie_checker=failed
