How long do IKEA products usually last

Statistics about IKEA

Published by M. Hohmann, May 5, 2021
IKEA is one of the world's leading stores for furniture and housewares. The company was founded in Sweden in 1943 by Ingvar Kamprad. The INGKA Foundation is the owner of the IKEA Group. INGKA Holding B.V. - like the foundation based in the Netherlands - is the parent company of the companies of the IKEA group. This is organized in a franchise system. The franchisor is Inter IKEA Systems B.V .. It is part of the Inter IKEA Group and forms a group of companies independent of the IKEA Group. That is why companies of the Inter IKEA Group worldwide use the IKEA trademark and operate franchise branches without belonging directly to the IKEA Group.

Global player IKEA

The largest number of the IKEA Group's branches are located in Europe. A total of around 217,000 employees work for IKEA worldwide. Most of the workforce works in retail. IKEA has its own production sites and also purchases its goods from suppliers. Poland is one of the most important international production locations.

Strong sales growth in recent years

IKEA has almost doubled its global sales within twelve years since 2007. Around 73 percent of total sales were achieved in Europe in 2020. In addition to selling furniture and housewares within the furniture stores, IKEA was able to generate increasing sales via the online shop.

This text represents basic information. No guarantee can be given for the correctness and completeness of the information. Due to different update rates, statistics may have a more up-to-date data status.