Professional Documents
Culture Documents
IKEA
Table of Contents
Table of Contents
01 Overview
Global furniture market size from 2020 to 2027 02
Global size of RTA furniture market 2018-2025 03
Revenue of the furniture market worldwide by country 2020 04
Revenue of the living-room & dining-room furniture market worldwide by country 2020 05
Revenue of the kitchen furniture market worldwide by country 2021 06
Revenue of the bedroom furniture market worldwide by country 2020 07
World: most valuable global retail brands 2020 08
Value of the top retail brands globally 2021 09
Leading 100 retailers in the U.S. 2019, based on U.S. retail sales 15
United States: sales of the leading furniture stores 2019 16
United States: top furniture and home goods retailers 2019, by sales 17
Leading furniture and home goods retailers' sales per store in the U.S. 2019 18
Number of stores of selected furniture and home goods retailers U.S. 2019 19
Market share of the U.S. hard goods retailers with the highest growth 2018 20
Retailers where U.S. consumers shopped most often for furniture as of 2019 21
04 Retail Facts
IKEA: number of stores worldwide 2013-2020 30
Number of stores of the IKEA Group worldwide 2019, by region 31
Number of visits to IKEA stores worldwide from 2010 to 2020 32
Number of visits to IKEA.com worldwide 2010-2020 33
Number of co-workers of the IKEA Group worldwide from 2013 to 2020 34
IKEA
Overview
Value of the furniture market worldwide from 2020 to 2027 (in billion U.S. dollars)
Global furniture market size from 2020 to 2027
700
650.7
628.41
606.88
586.08
600 566
546.61
527.89
509.8
Market value in billion U.S. dollars
500
400
300
200
100
0
2020 2021* 2022* 2023* 2024* 2025* 2026* 2027**
20
18.4
18 17.37
16.41
16 15.49
14.63
Market size in billion U.S. dollars
13.81
14 13.04
12.32
12
10
0
2018* 2019* 2020* 2021* 2022* 2023* 2024* 2025**
2020 2019
India 29,448
China 35,741.2
Japan 8,923.1
Brazil 13,155.7
Germany 6,523.4
Russia 7,520.2
France 2,733.8
Italy 3,438.6
Mexico 5,377.7
Canada 3,570.8
Indonesia 4,501.9
Argentina 3,928.3
Turkey 3,851.3
India 23,615.9
Japan 16,318.1
China 10,498.2
Germany 7,154.5
Italy 5,942
France 2,746
Canada 3,424.5
Australia 3,427.3
Brazil 2,948.6
Argentina 3,007.8
Indonesia 2,817.8
Philippines 1,737.5
Russia 1,774.8
Note(s): Worldwide
Further information regarding this statistic can be found on page 40.
6 Source(s): Statista Consumer Market Outlook; ID 758607 Overview
Revenue of the bedroom furniture market worldwide by country in 2020 (in million U.S. dollars)
Revenue of the bedroom furniture market worldwide by country 2020
India 44,293.2
China 34,853.4
Japan 18,083.1
Brazil 11,837.9
Germany 8,352.1
France 5,188.3
Russia 6,879.3
Italy 6,683.1
Canada 5,798.7
Argentina 6,204.9
Spain 4,150.5
Mexico 4,874.7
Indonesia 4,882.5
Amazon 415,855
Alibaba 152,525
IKEA 48,017
Walmart 45,783
Costco 28,677
JD.com 25,494
Aldi 15,927
Lowe's 13,717
eBay 11,767
Target 10,590
Lidl 9,780
Pinduoduo 9,394
CVS 8,727
Amazon 254,187
Walmart 93,185
Taobao 53,335
Tmall 49,178
Alibaba 39,155
Lowe's 30,376
Costco 28,887
CVS 26,942
Target 20,685
IKEA 17,977
3,500
3,059
2,921.6
3,000
2,787.8
2,662.7
2,538.3
Market size in million U.S. dollars
2,500 2,417.4
2,311.1
2,241.5
2,149.4
2,054.6
1,968
2,000
1,500
1,000
500
0
2013 2014 2015 2016 2017 2018 2019* 2020* 2021* 2022* 2023*
6.0
5.0
0.5
Market size in billion U.S. dollars
0.5
0.4 0.8
4.0 0.4
0.4 0.7
0.7
0.4 0.4 0.6
0.3 0.3 0.6 1.1
0.3 0.3 0.5 0.9
3.0 0.5
0.5 0.5 0.5 0.9 0.9
0.5 0.8
0.7 0.7
0.7 0.7 0.7
2.0 0.6
2.6 2.7
2.2 2.3 2.4
1.0 1.9 1.9 2 2.1
1.8 1.8
0.0
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
125
116.9
112.8 113.04
115 111.14 110.4
109.12
106.57
103.76
Retail sales in billion U.S. dollars
105 99.72
98.72
96.74 95.35
94.44
95 91.17 91.48 91.54
87.59
84.29 84.75 85.21
85
77.41
72.72
75
67.71
63.47
65 60.42
55.46
52.34
55
45
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Year
60,000
54,230
53,166
51,267
50,000 48,442
45,142
42,286
Revenue in million U.S. dollars
40,273
38,662
40,000
30,000
20,000
10,000
0
2017 2018 2019 2020 2021* 2022* 2023* 2024*
Note(s): United States; 2017 to 2020; forecast adjusted for expected impact of COVID-19
Further information regarding this statistic can be found on page 47.
14 Source(s): Statista; Statista Digital Market Outlook; ID 257524 U.S. Furniture Retail
Leading 100 retailers in the United States in 2019, based on U.S. retail sales (in billion U.S. dollars)
Leading 100 retailers in the U.S. 2019, based on U.S. retail sales
Walmart 399.8
Amazon.com 193.64
Costco 111.75
Target 77.13
McDonald's 40.41
IKEA 3,310
Williams-Sonoma 3,260
Rooms To Go 2,560
Note(s): United States; 2019; ranked by estimated sales of furniture, bedding and accessories
Further information regarding this statistic can be found on page 49.
16 Source(s): Furniture Today; ID 514614 U.S. Furniture Retail
Sales of selected furniture and home goods retailers in the United States in 2019 (in billion U.S.
dollars)
United States: top furniture and home goods retailers 2019, by sales
12 11.42
10
Retail sales in billion U.S. dollars
8
7.16
6 5.66
5.33
0
Bed Bath & Beyond Wayfair Williams-Sonoma IKEA North America Services
120
106.6
100
Sales per store in million U.S. dollars
80
60
40
20
9.73 8.03
0
IKEA North America Services Williams-Sonoma Bed Bath & Beyond
1,600
1,423
1,400
1,200
Total number of U.S. stores
1,000
800
582
600
400
200
50
0
Bed Bath & Beyond Williams-Sonoma IKEA North America Services
Market share
0% 2% 4% 6% 8% 10% 12% 14% 16%
Sherwin-Williams 1.2%
Menard 1.6%
Share of respondents
0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11%
IKEA 9.8%
Walmart 5.9%
Amazon 3.3%
Rooms To Go 2.7%
Wayfair.com 2.4%
Macy's 2.2%
Target 2%
Note(s): United States; March 2019; 18 years and older; 7,388 respondents
Further information regarding this statistic can be found on page 54.
21 Source(s): Prosper Insights & Analytics; Coresight Research; ID 1011338 U.S. Furniture Retail
IKEA
30,000
25,000 24,119
21,531
Brand value in million U.S. dollars
19,388 19,499
20,000
17,977
17,009
15,000
10,000
5,000
0
2016 2017 2018 2019 2020 2021
45
41.3
38.8 39.6
40 38.3
35.69
35 32.7
29.3
Revenue in billion euros
30 28.5
27.6
25.2
25 23.5
21.5 21.8
20
20 17.5
15
15 12.9
11 11.4
10.4
10
0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016* 2017 2018 2019 2020
Year
Asia 10.9%
Americas 16.0%
Europe 72.6%
E-Commerce 16%
IKEA food 5%
Children's IKEA 5%
Kitchen & dining 15%
Sales share
0% 2% 4% 6% 8% 10% 12% 14% 16%
Germany 15%
France 8%
United Kingdom 7%
China 6%
Retail Facts
IKEA's number of stores worldwide from 2013 to 2020
IKEA: number of stores worldwide 2013-2020
500
445
450 433
422
403
389
400 375
361
345
350
Number of stores
300
250
200
150
100
50
0
2013 2014 2015 2016 2017 2018 2019 2020
300
279
250
200
Number of stores
150
100
67
59
50
29
10
4
0
Europe North America Asia Middle East and North Africa Australia Caribbean
Region
1,200
1,000
1,000 957
817 825
Number of visits in millions
771 783
800
716
690 684
655
626
600
400
200
0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Year
4,500
4,000
4,000
3,500
Number of visits in millions
3,000 2,800
2,500
2,500
2,100 2,100
1,900
2,000
1,500
1,500 1,300
1,100
1,000 870
712
500
0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Year
250
217
208 211
200 194
183
Number of employees in thousands
172
164
151
150
100
50
0
2013 2014 2015 2016 2017 2018 2019 2020
References
Value of the furniture market worldwide from 2020 to 2027 (in billion U.S. dollars)
Global furniture market size from 2020 to 2027
Description
Source and methodology information
This statistic shows the size of the furniture market worldwide from 2020 to 2027. The global market value of
Source(s) Statista; ReportLinker; Global Industry Analysts furniture was estimated to be worth 509.8 billion U.S. dollars in 2020, and was forecast to reach about 650.7
billion U.S. dollars by 2027.
Conducted by Statista; Global Industry Analysts
Region(s) Worldwide
Published by Statista
Notes: * Estimates for 2021 to 2026 are based on a CAGR of 3.5 percent
provided by the source.** Forecast.
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36 References
Size of the ready-to-assemble (RTA) furniture market worldwide from 2018 to 2025 (in billion U.S.
dollars)
Global size of RTA furniture market 2018-2025
Description
Source and methodology information
This statistic shows the size of the ready-to-assemble (RTA) furniture market worldwide from 2018 to 2025. In
Source(s) Grand View Research; Statista 2018, the value of the global RTA furniture market was approximately 12.32 billion U.S. dollars and was forecast
to reach a value of 18.4 billion U.S. dollars by 2025.
Conducted by Grand View Research; Statista
Region(s) Worldwide
Published by Statista
Notes: *Figures from 2018 to 2024 are estimates based on a CAGR of 5.9
percent provided by the source. **Forecast. RTA: Ready to assemble
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37 References
Revenue of the furniture market worldwide by country in 2020 (in million U.S. dollars)
Revenue of the furniture market worldwide by country 2020
Description
Source and methodology information
This statistic depicts the revenue of the furniture market in 2020, by country. In that year, the furniture market
Source(s) Statista Consumer Market Outlook revenue in the U.S. amounted to approximately 233 billion U.S. dollars. For information on over 200 markets in
150 countries, please visit Consumer Market Outlook .
Conducted by Statista Consumer Market Outlook
Region(s) Worldwide
Published by Statista
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38 References
Revenue of the living-room & dining-room furniture market worldwide by country in 2020 (in million
U.S. dollars)
Revenue of the living-room & dining-room furniture market worldwide by country 2020
Description
Source and methodology information
This statistic depicts the revenue of the living-room & dining-room furniture market in 2020, by country. In that
Source(s) Statista Consumer Market Outlook year, the living-room & dining-room furniture market revenue in China. amounted to approximately 35.7 billion
U.S. dollars. The US ranked second with some 32.4 billion USD. For information on over 200 markets in 150
Conducted by Statista Consumer Market Outlook
countries, please visit Consumer Market Outlook .
Survey period 2020
Region(s) Worldwide
Published by Statista
Notes: This market segment includes furniture found in living rooms, parlors,
lounges, lobbies and dining rooms. Although room design might differ
between countries, this category includes sofas, chairs, coffee and dining
tables, bookshelves and other pieces of furniture for storage (e.g. TV
shelves, china [...] For more information visit our Website
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39 References
Revenue of the kitchen furniture market worldwide by country in 2021 (in million U.S. dollars)
Revenue of the kitchen furniture market worldwide by country 2021
Description
Source and methodology information
This statistic depicts the revenue of the kitchen furniture market in 2021, by country. In that year, the kitchen
Source(s) Statista Consumer Market Outlook furniture market revenue in the U.S. amounted to approximately 27 billion U.S. dollars. This was a decrease of
approximately 1.5 billion U.S. dollars compared to 2019. For information on over 200 markets in 150 countries,
Conducted by Statista Consumer Market Outlook
please visit the Consumer Market Outlook .
Survey period n.a.
Region(s) Worldwide
Published by Statista
Notes: Kitchen furniture includes fitted kitchen units as well as other wooden
furniture used for preparing food or for food storage. Refrigerators, stoves
and other household appliances are not included. The value of the market
is estimated and may vary since service fees for installation are not taken
in [...] For more information visit our Website
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40 References
Revenue of the bedroom furniture market worldwide by country in 2020 (in million U.S. dollars)
Revenue of the bedroom furniture market worldwide by country 2020
Description
Source and methodology information
This statistic depicts the revenue of the bedroom furniture market in 2020, by country. In that year, the bedroom
Source(s) Statista Consumer Market Outlook furniture market revenue in the U.S. amounted to approximately 54.2 billion U.S. dollars. Ranked second was
India with approximately 44.3 billion USD. For information on over 200 markets in 150 countries, please visit
Conducted by Statista Consumer Market Outlook
Consumer Market Outlook .
Survey period 2020
Region(s) Worldwide
Published by Statista
Notes: The furniture included in this market segment ranges from beds with
mattresses of different shapes and sizes, to clothes closets, nightstands
and dressers.
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41 References
Brand value of the leading 20 most valuable retail brands worldwide in 2020 (in million U.S. dollars)
World: most valuable global retail brands 2020
Description
Source and methodology information
As of 2020, Amazon was ranked as the world`s most valuable retail brand, with a brand value of around 415.9
Source(s) Kantar; BrandZ; Bloomberg billion U.S. dollars. Amazon.com is an international e-commerce company offering online retail, computing
services, consumer electronics, digital content as well as other local services such as daily deals and groceries.
Conducted by Kantar; BrandZ; Bloomberg
Alibaba, Home Depot, and Walmart were the next most valuable retail brands in the world that year. Brand value
Survey period 2020 Brand value , not to be mistaken with brand equity, is a commonly used phrase in the marketing industry. It
describes the value of brands based on the assumption that the owner of a well-known brand name can
Region(s) Worldwide generate more money compared to products with a less well-known name. Walmart Walmart, formerly known as
Wal-Mart Stores, Inc., is one of the most well-known and valuable brands in the world. Walmart generates
Number of respondents n.a. revenue through retail, wholesale, membership club, and online product sales. The multinational company
generated the most retail revenue in the world in 2018.
Age group n.a.
Original source Brandz - Top 100 most valuable global brands 2020, page 169
Notes: The retail category includes physical and digital distribution channels in
grocery and department stores and specialists in drug, electrical, DIY and
home furnishings. Amazon appears in retail because it achieves
approximately 90 percent of its sales from online retailing.
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42 References
Value of the leading retail brands worldwide in 2021 (in million U.S. dollars)
Value of the top retail brands globally 2021
Description
Source and methodology information
As of 2021, Amazon was the most valuable retail brand in the world with an estimated brand value of about 254
Source(s) Brand Finance billion U.S. dollars. Taobao, an online shopping website brand owned by Alibaba , ranked third, with a brand
value of 53.3 billion dollars. Amazon is an international e-commerce company offering online retail, computing
Conducted by Brand Finance
services, consumer electronics, digital content, as well as other local services such as daily deals and groceries.
Survey period 2021 With a net revenue of over 385 billion U.S. dollars, Amazon consolidates itself as the leading e-commerce
retailer in the United States.
Region(s) Worldwide
Notes: Figures prior to 2020 were taken from previous editions of the publication.
The source includes the following definition: Brand value is understood as
the net economic benefit that a brand owner would achieve by licensing
the brand in the open market. Information about the source's brand
valuation m [...] For more information visit our Website
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43 References
Size of the ready-to-assemble (RTA) furniture market in the United States from 2013 to 2023 (in
million U.S. dollars)
U.S. RTA furniture market value from 2013-2023
Description
Source and methodology information
In 2018, the ready-to-assemble (RTA) furniture market in the United States was valued at approximately 2.42
Source(s) HKExnews; Frost & Sullivan billion U.S. dollars. It was forecast to reach a value of over three billion U.S. dollars by 2023.
Conducted by Frost & Sullivan
Published by HKExnews
Notes: * Estimate
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44 References
Size of the ready-to-assemble (RTA) furniture market in the United States from 2015 to 2025, by
material type (in billion U.S. dollars)
U.S. RTA furniture market value from 2015-2025, by material
Description
Source and methodology information
In 2019, the value of wooden ready-to-assemble (RTA) furniture in the United States was approximately two
Source(s) Grand View Research; Statista billion U.S. dollars. It was forecast to reach a value of 2.7 billion U.S. dollars by 2025.
Conducted by Grand View Research; Statista
Published by Statista
Notes: RTA: Ready to assemble. Data has been compiled by Statista using
information from Grand View Research.
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45 References
Furniture and home furnishings store sales in the United States from 1992 to 2018 (in billion U.S.
dollars)
Furniture and home furnishings store sales in the United States from 1992 to 2018
Description
Source and methodology information
This timeline depicts furniture and home furnishings store sales in the United States from 1992 to 2018. In 2018,
Source(s) US Census Bureau furniture and home furnishings store sales amounted to about 116.9 billion U.S. dollars. Furniture & Home
Furnishings The home furnishings retail industry allows consumers to make their homes truly their own with their
Conducted by US Census Bureau
very choices of furniture and décor to adorn them. Style, affordability and functionality are the main reasons
Survey period 1992 to 2020 consumers give for shopping lifestyle furniture stores, such as Ikea , Williams-Sonoma , Crate & Barrel and
Restoration Hardware. Demand for home furnishings is cyclical, influenced by housing starts, as desires to
Region(s) United States remodel and redesign are not necessary during slow economic times. Demand is also driven by consumer
income. Large companies compete through volume purchasing, breadth of products, and effective
Number of respondents n.a. merchandising and marketing. Small companies focus on a market segment and compete through depth of
products and superior customer service. Competition for home furnishing stores includes department stores ,
Age group n.a.
mass merchandisers, home improvement stores, furniture makers that have their own stores, and online and
Special characteristics n.a. mail order retailers. Increased consumer interest in home decoration is fueling new market growth. In particular,
demand for organic home furnishing products is continuing to rise thanks to increased consumer awareness
Published by US Census Bureau regarding the importance of choosing more environmentally friendly materials. Other factors driving market
growth include availability of wider product ranges, regional market development and electronic media
Publication date February 2020 campaigns. Consumers are showing particular interest in natural products and alternative materials in the home
furnishing products sector.
Original source census.gov
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46 References
Furniture and homeware e-commerce revenue in the United States from 2017 to 2024 (in million
U.S. dollars)
U.S. furniture and home furnishings e-retail revenue 2017-2024
Description
Source and methodology information
This statistic represents U.S. e-commerce revenue generated through furniture and homeware retail sales
Source(s) Statista; Statista Digital Market Outlook between 2017 and 2029. In 2019, retail e-commerce revenue from furniture and homeware sales amounted to
42.29 billion U.S. dollars and are projected to increase to over 54.23 billion U.S. dollars in 2024. In the most
Conducted by Statista Digital Market Outlook
recently measured period, furniture and home furnishing sales accounted for 12.3 percent of total retail e-
Survey period 2017 to 2020 commerce sales in the United States.
Published by Statista
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47 References
Leading 100 retailers in the United States in 2019, based on U.S. retail sales (in billion U.S. dollars)
Leading 100 retailers in the U.S. 2019, based on U.S. retail sales
Description
Source and methodology information
This ranking depicts the leading 100 American retailers in 2019, based on U.S. retail sales. In that year, Wal-
Source(s) Kantar; National Retail Federation Mart was the leading American retailer based on U.S. retail sales of about 399.8 billion U.S. dollars. Wal-Mart
was founded by Samuel Moore Walton (1918-1992) in 1962. Wal-Mart's headquarters is situated in Bentonville,
Conducted by Kantar
Arkansas and operates worldwide under different names (such as Walmex in Mexico and Best Price in India).
Survey period 2020 Leading retailers in the United States In this digital age, it seems remarkable that brick-and-mortar retailers have
displayed such staying power when it comes to pushing goods through the consumer pipeline. In 2018, the
Region(s) United States major mass merchants in the top 100 generated sales of 608.5 billion U.S. dollars. In comparison, top 100
supermarkets were slightly stronger, averaging approximately 39.3 billion U.S. dollars in sales in 2018. The retail
Number of respondents n.a. industry is in the midst of a customer revolution. The collision of the virtual and physical worlds is fundamentally
changing consumers' purchasing behaviors. Consumers are seeking an integrated shopping experience across
Age group n.a.
all channels and expect retailers to deliver this experience. The key drivers of this customer revolution are the
Special characteristics n.a. rapid adoption of mobile devices, digital media and tablets equipped with shopping apps. In fact, the number of
smartphone users in the United States was 261.34 million in 2018 and was forecast to rise to 290.64 million by
Published by National Retail Federation 2024. The retail paradigm has shifted from a physical connection point with customers to a multi-pronged
approach that crosses both physical and digital channels. The traditional bricks-and-mortar retail store is no
Publication date July 2020 longer the dominant medium for purchasing goods. Instead, it serves as one of many potential connection points
between customers and a retailer's brand. Today's consumer is increasingly connected to both the physical and
Original source nrf.com
digital space and able to interact with retailers through multiple channels simultaneously. To stay competitive in
Website URL visit the website this ever [...] For more information visit our Website
Notes: All figures are estimates. The Top 100 Retailers are ranked by 52/53-week
annual retail sales. In almost all instances, sales used to rank companies
are for retail activity in the United States only. To arrive at U.S. retail sales
figures, a variety of estimation techniques are applied based on publ [...]
For more information visit our Website
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48 References
Sales of the leading furniture stores in the United States in 2019 (in million U.S. dollars)
United States: sales of the leading furniture stores 2019
Description
Source and methodology information
In 2019, Ashley HomeStore was the top ranked furniture store in the United States with sales that amounted to
Source(s) Furniture Today about five billion U.S. dollars. Amazon.com was the top ranked online furniture retailer in the United States that
year.
Conducted by Furniture Today
Notes: n.a.
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49 References
Sales of selected furniture and home goods retailers in the United States in 2019 (in billion U.S.
dollars)
United States: top furniture and home goods retailers 2019, by sales
Description
Source and methodology information
In 2019, Bed Bath & Beyond had retail sales of approximately 11.42 billion U.S. dollars in the United States.
Source(s) Kantar; National Retail Federation IKEA was ranked second, with sales of approximately 7.16 billion U.S. dollars that year. The home goods market
in the United States The home goods market consists of the manufacture, distribution, and retail of home
Conducted by Kantar
furniture, cookware, gardening equipment, and household accessories. The home décor market in the United
Survey period 2020 States alone was forecast to be worth over 232 billion U.S. dollars by 2021. The e-commerce segment of this
market is also anticipated to witness growth over the next few years, with many consumers making their
Region(s) United States purchases online instead of at a physical home goods retailer. Furniture retail sales in the United States By
2021, it is projected that consumer spending on furniture and bedding would reach nearly 120 billion U.S. dollars.
Number of respondents n.a. Ashley Furniture Homestores, IKEA, and Williams-Sonoma were the leading furniture retailers in the country in
terms of sales. Traditional furniture stores still account for most of the retail sales in the furniture and bedding
Age group n.a.
industry , however, online channels with retailers such as Amazon and Casper are becoming more relevant
Special characteristics n.a. every year, taking a big chunk of the online bedding sales .
Notes: Numbers are rounded. Includes online sales related to respective retailers.
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50 References
Sales per store of of selected furniture and home goods retailers in the United States in 2019 (in
million U.S. dollars)
Leading furniture and home goods retailers' sales per store in the U.S. 2019
Description
Source and methodology information
This ranking depicts the sales per store of selected furniture and home goods retailers in the United States in
Source(s) Kantar; National Retail Federation 2019. In that year, Ikea made about 106.6 million U.S. dollars in sales per store in the United States.
Conducted by Kantar
Notes: Numbers are rounded. Includes online sales related to respective retailers.
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51 References
Number of stores of selected furniture and home goods retailers in the United States in 2019
Number of stores of selected furniture and home goods retailers U.S. 2019
Description
Source and methodology information
This ranking depicts the number of stores of selected furniture and home goods retailers in the United States in
Source(s) Kantar; National Retail Federation 2019. In that year, Bed Bath & Beyond operated 1,423 stores throughout the United States.
Conducted by Kantar
Notes: n.a.
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52 References
Market share of the fastest-growing hard goods retailers in the United States in 2018*
Market share of the U.S. hard goods retailers with the highest growth 2018
Description
Source and methodology information
This statistic depicts the market share of the fastest-growing hard goods retailers, in their respective markets, in
Source(s) Stores; Kantar the United States in 2018. In 2018, The Home Depot held a market share of 13.4 percent.
Conducted by Kantar
Published by Stores
Notes: * Ranking is based on the "Gain in Basis Points" category. Market share of
companies in their respective industries. Hard goods is split into three
market segments: sporting goods and outdoor recreation; automotive
retailing; and home retail.
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53 References
Where do you shop most often for furniture?
Retailers where U.S. consumers shopped most often for furniture as of 2019
Description
Source and methodology information
The statistic shows the retailers where U.S. consumers shopped most often for furniture as of 2019. As of March
Source(s) Prosper Insights & Analytics; Coresight Research 2019, 9.8 percent of respondents stated that they shopped most regularly for furniture at IKEA.
Conducted by Prosper Insights & Analytics
Notes: *Respondents could select one option only. Ten most popular options
shown.
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54 References
IKEA's brand value worldwide from 2016 to 2021 (in million U.S. dollars)
IKEA: brand value worldwide 2016-2021
Description
Source and methodology information
In 2021, the IKEA brand was valued at nearly 18 billion U.S. dollars, down from a year earlier in which the value
Source(s) Brand Finance stood at nearly 19.5 billion dollars. In contrast, Walmart's brand was valued at almost 93.2 billion U.S. dollars,
over 75 billion dollars more than IKEA.
Conducted by Brand Finance
Region(s) Worldwide
Notes: Figures prior to 2020 were taken from previous editions of the publication.
The source includes the following definition: Brand value is understood as
the net economic benefit that a brand owner would achieve by licensing
the brand in the open market. Information about the source's brand
valuation m [...] For more information visit our Website
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55 References
Annual revenue of the IKEA Group worldwide from 2001 to 2020 (in billion euros)
Annual global sales of IKEA 2001-2020
Description
Source and methodology information
IKEA is an internationally known home furnishing retailer. IKEA`s annual revenue has seen constant growth over
Source(s) IKEA 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
Conducted by IKEA
IKEA founded? IKEA is a Dutch-based Swedish multinational company. It was founded in 1943 as a mail-order
Survey period 2001 to 2020 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
Region(s) Worldwide 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
Number of respondents n.a. 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
Age group n.a.
whilst using the newest ways of packaging, handling and transporting materials. Their business model works;
Special characteristics n.a. 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.
Published by IKEA
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.
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56 References
Sales share of INGKA Holdings B.V. (IKEA) in 2020, by region
IKEA: sales share 2020, by region
Description
Source and methodology information
In 2020, Europe accounted for nearly 73 percent of IKEA's sales, while Asia accounted for almost 11 percent.
Source(s) IKEA IKEA IKEA is a privately held, international home products company that designs and sells ready-to-assemble
furniture such as beds, chairs, desks, appliances and home accessories. In 2019, the company was Europe's
Conducted by IKEA
leading furniture retailer by sales and among the world's most valuable retail brands . In the 2020 fiscal year, the
Survey period 2020 company generated a global revenue of nearly 40 billion Euros. IKEA's competive advantage IKEA offers low
prices and a huge range of products. This wide range is available in all IKEA stores and customers can order
Region(s) Worldwide much of the range online through IKEA`s website . 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.
Number of respondents n.a. 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
Age group n.a.
customer knowledge and best practices to benefit from that knowledge, IKEA would be unable to outcompete its
Special characteristics n.a. current competitors. The IKEA vision is to create a better everyday life for all people. This is made possible by
offering a wide range of well-designed, functional home furnishing products at prices so low that as many people
Published by IKEA as possible will be able to afford them.
Original source INGKA Holding B.V. Annual and Sustainability Report 2020, page 103
Notes: n.a.
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57 References
Retail sales share of IKEA worldwide in fiscal year 2020, by sales channel
Global retail sales share of IKEA in 2020, by sales channel
Description
Source and methodology information
In the financial year of 2020, approximately 80 percent of IKEA's global retail sales were generated in the
Source(s) IKEA company's existing retail stores. This is a significant drop, compared to the fiscal year 2019. Instead, online sales
of the Swedish furniture retail conglomerate grew by roughly 10 percent.
Conducted by IKEA
Region(s) Worldwide
Published by IKEA
Notes: * New stores opened during FY20. FY20 (the fiscal year of 2020) is the
period from September 1, 2019 to August 31, 2020.
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58 References
Retail sales share of IKEA worldwide in fiscal year 2019, by product category
Global retail sales share of IKEA in 2019, by area of the home
Description
Source and methodology information
This statistic depicts the retail sales share of IKEA worldwide in fiscal year 2019, by product category. In FY19,
Source(s) IKEA; TNM living room related products held the second highest retail sales share, outside of the 'other' category, with a
nineteen percent of share IKEA's global retail sales.
Conducted by IKEA
Region(s) Worldwide
Published by TNM
Notes: FY19 is the period from September 1, 2018 to August 31, 2019.
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59 References
Leading 5 selling countries of IKEA products in 2019*
Leading 5 selling countries of IKEA products 2019
Description
Source and methodology information
This statistic depicts the leading five selling countries of IKEA products in 2019. In that year, Germany was the
Source(s) IKEA leading selling country of IKEA products, accounting for 15 percent of IKEA's total sales. IKEA IKEA is an
internationally known home furnishing retailer. It has grown rapidly since it was founded in 1943. Today it is the
Conducted by IKEA
world's largest furniture retailer, recognized for its Scandinavian style. The majority of IKEA's furniture is flat-
Survey period 2019 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
Region(s) Worldwide 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
Number of respondents n.a. 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
Age group n.a.
materials that contribute more to a sustainable environment and are less costly or using the newest ways of
Special characteristics n.a. packaging, handling and transporting materials. According to Kantar Millward Brown's "Brandz Top 100 Most
Valuable Global Brands 2019", not only is IKEA the most valuable furniture retailer brand in the world, it is also
Published by IKEA the seventh most valuable retailer in the world , valued at around 18.9 billion U.S. dollars. The business operates
433 stores and is present in the major world markets. There are more than one billion customer visits to IKEA
Publication date January 2020 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.
Original source INGKA Holding B.V. Annual and Sustainability Report 2019, page 99
Notes: * Retail sales per country as a percentage of total INGKA Group sales.
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60 References
IKEA's number of stores worldwide from 2013 to 2020
IKEA: number of stores worldwide 2013-2020
Description
Source and methodology information
As of the end of August 2020, there were a total of 445 IKEA stores worldwide. In 2013, IKEA operated 345
Source(s) IKEA stores around the world. In the financial year of 2020, the global revenue generated by the IKEA Group
amounted to 39.6 billion euros.
Conducted by IKEA
Region(s) Worldwide
Published by IKEA
Original source Inter IKEA Holding B.V. Annual Report FY20, page 3
Notes: IKEA's financial year runs from September to August of each year.
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61 References
Number of stores of the IKEA Group worldwide in 2019, by region
Number of stores of the IKEA Group worldwide 2019, by region
Description
Source and methodology information
This statistic depicts the number of stores of the IKEA Group worldwide as of 2019, by region. That year, Europe
Source(s) WorldAtlas; Statista had a total of 279 IKEA stores throughout the continent. IKEA is an international home products company that
designs and sells ready-to-assemble furniture such as beds, chairs, desks, appliances and home accessories.
Conducted by WorldAtlas; Statista
The company is the world's largest furniture retailer. IKEA IKEA is an internationally known home furnishing
Survey period 2019 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
Region(s) Worldwide 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
Number of respondents n.a. 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.
Age group n.a.
To drive costs down all the time, the company must find new and innovative ways to do that and to incorporate
Special characteristics n.a. 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
Published by Statista materials. IKEA is the most valuable furniture retailer brand in the world, it is also the seventh most valuable
retailer in the world , valued at nearly 19 billion U.S. dollars. The business operates 433 stores and is present in
Publication date November 2019 the major world markets. There are around one billion 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
Original source worldatlas.com
everyday life for the many people` puts this concern at the heart of the business.
Website URL visit the website
Notes: n.a.
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62 References
Number of visits to IKEA stores worldwide from 2010 to 2020 (in millions)
Number of visits to IKEA stores worldwide from 2010 to 2020
Description
Source and methodology information
This statistic depicts the number of visits to IKEA stores worldwide from 2010 to 2020. In the fiscal year of 2020,
Source(s) IKEA IKEA stores had about 825 million visits worldwide, which is a significant decrease compared to the one billion
visits of 2019. IKEA is a privately held, international home products company that designs and sells ready-to-
Conducted by IKEA
assemble furniture such as beds, chairs, desks, appliances and home accessories. The company is the world's
Survey period 2010 to 2020 largest furniture retailer.
Region(s) Worldwide
Published by IKEA
Notes: Fiscal year 2020: September 1, 2019 to August 31, 2020. The figures
have been taken from several publications.
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63 References
Number of visits to IKEA.com worldwide from 2010 to 2020 (in millions)
Number of visits to IKEA.com worldwide 2010-2020
Description
Source and methodology information
In 2020, IKEA.com had been visited a total of four billion times worldwide. This is an increase of over one billion
Source(s) IKEA clicks compared to the previous year. IKEA is a privately held, international home products company that
designs and sells ready-to-assemble furniture such as beds, chairs, desks, appliances and home accessories.
Conducted by IKEA
The company is the world's largest furniture retailer.
Survey period 2010 to 2020
Region(s) Worldwide
Published by IKEA
Notes: Fiscal year 2020: September 1, 2019 to August 31, 2020.The figures have
been taken from several publications.
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64 References
Number of employees of the IKEA Group worldwide from 2013 to 2020 (in thousands)
Number of co-workers of the IKEA Group worldwide from 2013 to 2020
Description
Source and methodology information
In 2020, the number of IKEA co-workers worldwide amounted to nearly 220,000. This is an increase of almost 70
Source(s) IKEA thousand staff members compared to 2013. 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
Conducted by IKEA
Scandinavian style. The majority of IKEA's furniture is flat-pack, ready to be assembled by the consumer. This
Survey period 2013 to 2020 approach allows for 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
Region(s) Worldwide 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.
Number of respondents n.a. 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
Age group n.a.
sustainable environment and are less costly or using the newest ways of packaging, handling and transporting
Special characteristics n.a. materials. Brand value and store visits According to Millward Brown Optimor's "Brandz Top 100 Most Valuable
Global Brands 2019", IKEA is not only the most valuable furniture retailer brand in the world, it is also the
Published by IKEA seventh most valuable retailer in the world , valued at nearly 19 billion U.S. dollars. The furniture business
operates approximately 500 stores and is present in the major world markets. Additionally, there were about 825
Publication date October 2020 million customers visits to IKEA stores in the fiscal year of 2020 , compared to the one billion in 2019.
Original source ikea.com
Notes: Fiscal year runs from September 1st to August 31st of the following year.
The figures have been taken from several publications.
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65 References