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IKEA

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

02 U.S. Furniture Retail


U.S. RTA furniture market value from 2013-2023 11
U.S. RTA furniture market value from 2015-2025, by material 12
Furniture and home furnishings store sales in the United States from 1992 to 2018 13
U.S. furniture and home furnishings e-retail revenue 2017-2024 14
Table of Contents

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

03 Key Figures of IKEA


IKEA: brand value worldwide 2016-2021 23
Annual global sales of IKEA 2001-2020 24
IKEA: sales share 2020, by region 25
Global retail sales share of IKEA in 2020, by sales channel 26
Global retail sales share of IKEA in 2019, by area of the home 27
Leading 5 selling countries of IKEA products 2019 28
Table of Contents

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**

Note(s): Worldwide; 2020


Further information regarding this statistic can be found on page 36.
2 Source(s): Statista; ReportLinker; Global Industry Analysts; ID 977793 Overview
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

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**

Note(s): Worldwide; 2019


Further information regarding this statistic can be found on page 37.
3 Source(s): Grand View Research; Statista; ID 881897 Overview
Revenue of the furniture market worldwide by country in 2020 (in million U.S. dollars)
Revenue of the furniture market worldwide by country 2020

Revenue in million U.S. dollars

2020 2019

0 50,000 100,000 150,000 200,000 250,000 300,000


233,037
United States 259,742.11
205,052.2
India 194,022.71
147,599.7
China 137,322.45
98,706.2
Japan 100,134.25
29,821
United Kingdom 85,014.83
44,747.6
Germany 61,361.65
51,091.1
Brazil 52,745.62
22,694.6
France 37,395.77
26,816.9
Italy 35,540.44
29,400
Russia 30,060.61
28,117.8
Canada 29,868.35
25,553.7
Indonesia 24,433.79
22,739.5
Australia 23,870.27
24,118.7
Argentina 23,567.05

Note(s): Worldwide; 2020


Further information regarding this statistic can be found on page 38.
4 Source(s): Statista Consumer Market Outlook; ID 758621 Overview
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

Revenue in million U.S. dollars


0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000

United States 32,399.1

India 29,448

China 35,741.2

Japan 8,923.1

United Kingdom 3,976.9

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

Note(s): Worldwide; 2020


Further information regarding this statistic can be found on page 39.
5 Source(s): Statista Consumer Market Outlook; ID 758690 Overview
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

Revenue in million U.S. dollars


0 5,000 10,000 15,000 20,000 25,000 30,000

United States 27,008.8

India 23,615.9

Japan 16,318.1

United Kingdom 3,632.8

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

Revenue in million U.S. dollars


0 10,000 20,000 30,000 40,000 50,000 60,000

United States 54,164.6

India 44,293.2

China 34,853.4

Japan 18,083.1

United Kingdom 6,218.9

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

Note(s): Worldwide; 2020


Further information regarding this statistic can be found on page 41.
7 Source(s): Statista Consumer Market Outlook; ID 758644 Overview
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

Brand value in millions of U.S. dollars


0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000

Amazon 415,855

Alibaba 152,525

The Home Depot 57,585

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

Whole Foods 9,051

CVS 8,727

Note(s): Worldwide; 2020


Further information regarding this statistic can be found on page 42.
8 Source(s): Kantar; BrandZ; Bloomberg; ID 267870 Overview
Value of the leading retail brands worldwide in 2021 (in million U.S. dollars)
Value of the top retail brands globally 2021

Brand value in million U.S. dollars


0 50,000 100,000 150,000 200,000 250,000 300,000

Amazon 254,187

Walmart 93,185

Taobao 53,335

Home Depot 52,917

Tmall 49,178

Alibaba 39,155

Lowe's 30,376

Costco 28,887

CVS 26,942

Target 20,685

IKEA 17,977

Note(s): Worldwide; 2021


Further information regarding this statistic can be found on page 43.
9 Source(s): Brand Finance; ID 406654 Overview
IKEA

U.S. Furniture Retail


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

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*

Note(s): United States; 2019


Further information regarding this statistic can be found on page 44.
11 Source(s): HKExnews; Frost & Sullivan; ID 1060299 U.S. Furniture Retail
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

Wood Steel Glass Others

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

Note(s): United States; 2019


Further information regarding this statistic can be found on page 45.
12 Source(s): Grand View Research; Statista; ID 1060313 U.S. Furniture Retail
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

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

Note(s): United States; 1992 to 2020


Further information regarding this statistic can be found on page 46.
13 Source(s): US Census Bureau; ID 197580 U.S. Furniture Retail
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

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

Retail sales in billion U.S. dollars


0 50 100 150 200 250 300 350 400 450

Walmart 399.8

Amazon.com 193.64

The Kroger Co. 122.28

Costco 111.75

Walgreens Boots Alliance 104.53

The Home Depot 102.17

CVS Health Corporation 88.51

Target 77.13

Lowe's Companies 65.51

Albertsons Companies 62.41

Apple Store / iTunes 53.99

Royal Ahold Delhaize USA 44.81

McDonald's 40.41

Best Buy 40.04

Publix Super Markets 38.13

Note(s): United States; 2020


Further information regarding this statistic can be found on page 48.
15 Source(s): Kantar; National Retail Federation; ID 195992 U.S. Furniture Retail
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

Sales in million U.S. dollars


0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500

Ashley HomeStore 4,961

IKEA 3,310

Williams-Sonoma 3,260

Mattress Firm 3,139

Rooms To Go 2,560

RH (Restoration Hardware) 2,355


Company

Berkshire Hathaway* 2,069

Sleep Number 1,688

Big Lots 1,636

Bob's Discount Furniture 1,612.4

Raymour & Flanigan 1,478

La-Z-Boy Furniture Galleries 1,303.5

Crate and Barrel 1,072.8

Art Van 1,043

American Signature 973

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

Note(s): United States; 2020


Further information regarding this statistic can be found on page 50.
17 Source(s): Kantar; National Retail Federation; ID 316818 U.S. Furniture Retail
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

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

Note(s): United States; 2020


Further information regarding this statistic can be found on page 51.
18 Source(s): Kantar; National Retail Federation; ID 316822 U.S. Furniture Retail
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

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

Note(s): United States; 2020


Further information regarding this statistic can be found on page 52.
19 Source(s): Kantar; National Retail Federation; ID 316826 U.S. Furniture Retail
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

Market share
0% 2% 4% 6% 8% 10% 12% 14% 16%

Apple Stores/iTunes 6.5%

The Home Depot 13.4%

Verizon Wireless 3.1%

AT&T Wireless 2.3%

Camping World 0.7%

Tractor Supply Co. 1.1%


Company

O'Reilly Automotive 1.3%

Sherwin-Williams 1.2%

IKEA North American Svcs 0.8%

Menard 1.6%

Hobby Lobby Stores 0.7%

At Home Stores 0.2%

AVB Brandsource 0.8%

Advance auto Parts 0.6%

Micro Center 0.3%

Note(s): United States; 2019


Further information regarding this statistic can be found on page 53.
20 Source(s): Stores; Kantar; ID 911508 U.S. Furniture Retail
Where do you shop most often for furniture?
Retailers where U.S. consumers shopped most often for furniture as of 2019

Share of respondents
0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11%

IKEA 9.8%

Ashley Furniture 7.8%

Walmart 5.9%

Amazon 3.3%

Rooms To Go 2.7%

Wayfair.com 2.4%

Macy's 2.2%

Big Lots 2.2%

Raymour & Flanigan 2.1%

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

Key Figures of IKEA


IKEA's brand value worldwide from 2016 to 2021 (in million U.S. dollars)
IKEA: brand value worldwide 2016-2021

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

Note(s): Worldwide; 2016 to 2021


Further information regarding this statistic can be found on page 55.
23 Source(s): Brand Finance; ID 980112 Key Figures of IKEA
Annual revenue of the IKEA Group worldwide from 2001 to 2020 (in billion euros)
Annual global sales of IKEA 2001-2020

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

Note(s): Worldwide; 2001 to 2020


Further information regarding this statistic can be found on page 56.
24 Source(s): IKEA; ID 264433 Key Figures of IKEA
Sales share of INGKA Holdings B.V. (IKEA) in 2020, by region
IKEA: sales share 2020, by region

Asia 10.9%

Americas 16.0%

Europe 72.6%

Note(s): Worldwide; 2020


Further information regarding this statistic can be found on page 57.
25 Source(s): IKEA; ID 241808 Key Figures of IKEA
Retail sales share of IKEA worldwide in fiscal year 2020, by sales channel
Global retail sales share of IKEA in 2020, by sales channel

Services 3% New retail stores* 1%

E-Commerce 16%

Existing retail stores 80%

Note(s): Worldwide; 2020


Further information regarding this statistic can be found on page 58.
26 Source(s): IKEA; ID 946210 Key Figures of IKEA
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

Other 34% Bed & bathroom 22%

Living room 19%

IKEA food 5%

Children's IKEA 5%
Kitchen & dining 15%

Note(s): Worldwide; 2019


Further information regarding this statistic can be found on page 59.
27 Source(s): IKEA; TNM; ID 946203 Key Figures of IKEA
Leading 5 selling countries of IKEA products in 2019*
Leading 5 selling countries of IKEA products 2019

Sales share
0% 2% 4% 6% 8% 10% 12% 14% 16%

Germany 15%

United States 13%


Country

France 8%

United Kingdom 7%

China 6%

Note(s): Worldwide; 2019


Further information regarding this statistic can be found on page 60.
28 Source(s): IKEA; ID 255583 Key Figures of IKEA
IKEA

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

Note(s): Worldwide; 2013 to 2020


Further information regarding this statistic can be found on page 61.
30 Source(s): IKEA; ID 1060053 Retail Facts
Number of stores of the IKEA Group worldwide in 2019, by region
Number of stores of the IKEA Group worldwide 2019, by region

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

Note(s): Worldwide; 2019


Further information regarding this statistic can be found on page 62.
31 Source(s): WorldAtlas; Statista; ID 241821 Retail Facts
Number of visits to IKEA stores worldwide from 2010 to 2020 (in millions)
Number of visits to IKEA stores worldwide from 2010 to 2020

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

Note(s): Worldwide; 2010 to 2020


Further information regarding this statistic can be found on page 63.
32 Source(s): IKEA; ID 241828 Retail Facts
Number of visits to IKEA.com worldwide from 2010 to 2020 (in millions)
Number of visits to IKEA.com worldwide 2010-2020

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

Note(s): Worldwide; 2010 to 2020


Further information regarding this statistic can be found on page 64.
33 Source(s): IKEA; ID 241832 Retail Facts
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

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

Note(s): Worldwide; 2013 to 2020


Further information regarding this statistic can be found on page 65.
34 Source(s): IKEA; ID 241825 Retail Facts
IKEA

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

Survey period 2020

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Statista

Publication date July 2020

Original source reportlinker.com

Website URL visit the website

Notes: * Estimates for 2021 to 2026 are based on a CAGR of 3.5 percent
provided by the source.** Forecast.

Back to statistic

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

Survey period 2019

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Statista

Publication date October 2019

Original source grandviewresearch.com

Website URL visit the website

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

Back to statistic

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

Survey period 2020

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Statista

Publication date November 2020

Original source Consumer Market Outlook

Website URL visit the website

Notes: The Furniture market centers on different movable commodities designed


to support various activities, like seating or sleeping, holding or storing
objects, etc. Unmovable household objects (e.g. sinks, faucets, etc.) are
excluded as well as tableware, cutlery and other small objects, while this
mark [...] For more information visit our Website

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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

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Statista

Publication date April 2020

Original source Consumer Market Outlook

Website URL visit the website

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

Back to statistic

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

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Statista

Publication date October 2020

Original source Statista Consumer Market Outlook

Website URL visit the website

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

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Statista

Publication date April 2020

Original source Consumer Market Outlook

Website URL visit the website

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.

Special characteristics n.a.

Published by Kantar; BrandZ

Publication date June 2020

Original source Brandz - Top 100 most valuable global brands 2020, page 169

Website URL visit the website

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

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Brand Finance

Publication date April 2020

Original source brandirectory.com

Website URL visit the website

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

Survey period 2019

Region(s) United States

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by HKExnews

Publication date August 2019

Original source hkexnews.hk

Website URL visit the website

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

Survey period 2019

Region(s) United States

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Statista

Publication date October 2019

Original source n.a.

Website URL visit the website

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

Website URL visit the website

Notes: Numbers have been rounded to provide a better understanding of the


statistic. Figures are not adjusted for price changes. Retail and food
services total and other subsector totals may include data for kinds of
business not shown. Additional information on sample design, estimation
procedures, and me [...] For more information visit our Website

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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.

Region(s) United States

Number of respondents n.a.

Age group n.a.

Special characteristics forecast adjusted for expected impact of COVID-19

Published by Statista

Publication date July 2020

Original source Statista Digital Market Outlook

Website URL visit the website

Notes: *Forecast The e-Commerce market encompasses the sale of physical


goods via a digital channel to a private end user (B2C). Incorporated in
this definition are purchases via desktop computer (including notebooks
and laptops) as well as purchases via mobile devices such as
smartphones and tablets. The [...] For more information visit our Website

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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

Survey period 2019

Region(s) United States

Number of respondents n.a.

Age group n.a.

Special characteristics ranked by estimated sales of furniture, bedding and accessories

Published by Furniture Today

Publication date May 2020

Original source Furniture Today May. 25 - 31, 2020, page 30 to 36

Website URL visit the website

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 .

Published by National Retail Federation

Publication date July 2020

Original source nrf.com

Website URL visit the website

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

Survey period 2020

Region(s) United States

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by National Retail Federation

Publication date July 2020

Original source nrf.com

Website URL visit the website

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

Survey period 2020

Region(s) United States

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by National Retail Federation

Publication date July 2020

Original source nrf.com

Website URL visit the website

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

Survey period 2019

Region(s) United States

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Stores

Publication date July 2019

Original source stores.org

Website URL visit the website

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

Survey period March 2019

Region(s) United States

Number of respondents 7,388

Age group 18 years and older

Special characteristics n.a.

Published by Coresight Research

Publication date April 2019

Original source Weinswig's Weekly April 26, 2019, page 3

Website URL visit the website

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

Survey period 2016 to 2021

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Brand Finance

Publication date January 2021

Original source brandirectory.com

Website URL visit the website

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

Publication date September 2020

Original source ikea.com

Website URL visit the website

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.

Publication date February 2021

Original source INGKA Holding B.V. Annual and Sustainability Report 2020, page 103

Website URL visit the website

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

Survey period 2020

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by IKEA

Publication date October 2020

Original source Inter IKEA Group Financial Summary FY2020, page 2

Website URL visit the website

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

Survey period 2019

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by TNM

Publication date November 2019

Original source Inter IKEA Group Financial Summary FY2019, page 2

Website URL visit the website

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

Website URL visit the website

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

Survey period 2013 to 2020

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by IKEA

Publication date September 2020

Original source Inter IKEA Holding B.V. Annual Report FY20, page 3

Website URL visit the website

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

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by IKEA

Publication date October 2020

Original source Inter IKEA Group Financial Summary FY20, page 2

Website URL visit the website

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

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by IKEA

Publication date October 2020

Original source Inter IKEA Group Financial Summary FY20, page 2

Website URL visit the website

Notes: Fiscal year 2020: September 1, 2019 to August 31, 2020.The figures have
been taken from several publications.

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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

Website URL visit the website

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

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