IKEA - Statistics & Facts

Founded in 1943 in Älmhult, Sweden, IKEA is the world's largest furniture retailer. In the 2016 fiscal year, the company generated a global revenue which exceeded 35 billion Euros. 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 and, as a result, has become one of the most loved companies worldwide. IKEA offers low prices and a huge range of products. Designers constantly introduce new design products that look stylish in the eyes of customers. All the products are designed so they are easy to transport and assemble. Moreover, the company offers the widest product range and positive shopping experience. All of these factors are aligned with what customers want and need and which results in higher sales. Without such extensive customer knowledge and best practices to benefit from that knowledge, IKEA would be unable to outcompete its current competitors.

According to Millward Brown Optimor's "Brandz Top 100 Most Valuable Global Brands 2016", not only is IKEA the fifth most valuable retailer in the world, but it is also the the most valuable furniture retailer brand in the world, valued at over 18 billion U.S. dollars. The business operates 389 stores and is present in 47 countries. More than 780 million customers visit IKEA stores every year.

Unlike IKEA’s largest competitors, the company has fairly diversified businesses. In addition to its furniture products, the company operates restaurants, houses and flats. Although, the firm’s main business is designing, manufacturing and selling furniture it is not so affected by the changing forces in this market as other furniture retailers.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
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Brand value of IKEA

17,481m USD

Annual revenue of IKEA Group

€36.3bn
Overview
Brand value of IKEA 17,481m USD

Top 100 Furniture Companies (Global)

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Key Figures
Annual revenue of IKEA Group €36.3bn Gross profit of IKEA worldwide €12,565m Net income of IKEA worldwide €2,473m Europe's share in IKEA's sales 66%
Retail Facts
IKEA has most of its 403 stores in Europe 403 stores Number of visits to IKEA stores worldwide 817m Number of IKEA catalogs printed per year worldwide 213m Number of visits to IKEA.com worldwide 2,100m Top selling country of IKEA products Germany
IKEA Foundation
Annual donations by IKEA Foundation worldwide €120m IKEA Foundation Soft Toys campaign donations worldwide €11.1m

IKEA - Important statistics

Other statistics on the topic
Overview
Brand value of IKEA 17,481m USD

Top 100 Furniture Companies (Global)

Global toplist
  • all top companies in a given industry or region
  • Includes contact details and key figures
  • available to download in Excel format for a seamless workflow
Go to report

eCommerce Report 2018 - Furniture & Appliances

Statista Digital Market Outlook – Segment Report
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Retail: Furniture in the U.S. 2018

Statista Industry Report - NAICS Code 442
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Key Figures
Annual revenue of IKEA Group €36.3bn Gross profit of IKEA worldwide €12,565m Net income of IKEA worldwide €2,473m Europe's share in IKEA's sales 66%
Retail Facts
IKEA has most of its 403 stores in Europe 403 stores Number of visits to IKEA stores worldwide 817m Number of IKEA catalogs printed per year worldwide 213m Number of visits to IKEA.com worldwide 2,100m Top selling country of IKEA products Germany
IKEA Foundation
Annual donations by IKEA Foundation worldwide €120m IKEA Foundation Soft Toys campaign donations worldwide €11.1m

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