Cover Profil Ikea

IKEA Profile: Innovations in Home Furnishings

IKEA, a globally recognized brand, has revolutionized the way people furnish their homes. Known for its innovative and affordable furniture and home accessories, IKEA has a storied history and a presence that spans the globe.

This comprehensive article explores the journey of IKEA, examining its history, founder, operational countries, number of stores, estimated revenue, what it’s known as by consumers, and the lasting impact of its innovations in the realm of home furnishings.

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IKEA’s story began in 1943 when 17-year-old Ingvar Kamprad founded the company in Älmhult, Sweden. Initially, it was a small mail-order business that sold a variety of products, including pens, wallets, and nylon stockings. In 1951, IKEA published its first catalog and began selling furniture. The company’s unique selling point was flat-pack, self-assembly furniture, which allowed for more efficient shipping and reduced costs.

Over the decades, IKEA continued to innovate, introducing iconic designs, such as the Billy bookcase and the Poäng chair. Their concept of democratic design, which emphasizes form, function, quality, sustainability, and affordability, set them apart in the home furnishings industry.

Here is a summary of IKEA’s key milestones:

  • 1943: Ingvar Kamprad founds IKEA as a mail-order sales business.
  • 1948: IKEA begins selling furniture.
  • 1951: IKEA publishes its first annual catalogue.
  • 1953: IKEA opens a showroom in Älmhult, Sweden.
  • 1958: The first IKEA retail store opens in Älmhult, Sweden.
  • 1963: IKEA opens its first store outside of Sweden, in Norway.
  • 1973: IKEA opens its first store outside of Scandinavia, in Switzerland.
  • 1974: IKEA opens its first store in the United States.
  • 1982: IKEA becomes the world’s largest furniture retailer.
  • 1998: IKEA opens its first store in China.
  • 2000: IKEA opens its first store in Russia.
  • 2013: IKEA opens its first store in Australia.


Ingvar Kamprad, a Swedish entrepreneur, is the founder of IKEA. He played a pivotal role in shaping the company’s philosophy and approach to design, which prioritized functional, well-designed, and cost-effective furniture accessible to the masses. Kamprad’s vision led to the creation of a brand that resonated with people from all walks of life.

Operational Countries

IKEA’s reach extends to numerous countries worldwide. IKEA had a presence in over 72 countries, with stores on nearly every continent. The company’s international expansion reflects its ability to adapt to diverse markets and cater to a global audience. It’s worth noting that IKEA’s stores are often more than just retail spaces; they serve as destinations for consumers to explore room setups, test furniture, and experience the brand’s unique lifestyle offerings.

IKEA operates in 72 countries, as of October 25, 2023. These countries are:

  1. Argentina
  2. Australia
  3. Austria
  4. Bahrain
  5. Belgium
  6. Bulgaria
  7. Canada
  8. Chile
  9. China
  10. Colombia
  11. Croatia
  12. Cyprus
  13. Czech Republic
  14. Denmark
  15. Dominican Republic
  16. Egypt
  17. Estonia
  18. Finland
  19. France
  20. Germany
  21. Greece
  22. Hong Kong
  23. Hungary
  24. Iceland
  25. India
  26. Indonesia
  27. Ireland
  28. Israel
  29. Italy
  30. Japan
  31. Jordan
  32. Kuwait
  33. Latvia
  34. Lebanon
  35. Lithuania
  36. Luxembourg
  37. Malaysia
  38. Malta
  39. Mexico
  40. Monaco
  41. Montenegro
  42. Morocco
  43. Netherlands
  44. New Zealand
  45. North Macedonia
  46. Norway
  47. Oman
  48. Peru
  49. Philippines
  50. Poland
  51. Portugal
  52. Puerto Rico
  53. Qatar
  54. Romania
  55. Russia
  56. Saudi Arabia
  57. Serbia
  58. Singapore
  59. Slovakia
  60. Slovenia
  61. South Korea
  62. Spain
  63. Sweden
  64. Switzerland
  65. Taiwan
  66. Thailand
  67. Turkey
  68. United Arab Emirates
  69. United Kingdom
  70. United States
  71. Uruguay
  72. Vietnam

IKEA is committed to expanding its global reach. The company is currently planning to open new stores in a number of new markets, including Vietnam, India, and Mexico. IKEA is also investing in its e-commerce business in order to reach more customers around the world.

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Number of Stores

IKEA operates an extensive network of stores that span the globe. The company had over 462 stores in various formats, including full-size stores, smaller city-center stores, and pick-up and order points. The diverse store formats cater to different consumer needs and preferences, making IKEA’s products accessible to a wide range of customers.

Estimated Revenue

IKEA’s estimated revenue for 2023 is €50.3 billion, according to Statista. This represents a 6.9% increase from the company’s revenue in 2022.

IKEA’s revenue growth is being driven by a number of factors, including:

  • Strong consumer spending growth in many of IKEA’s markets.
  • The company’s focus on omnichannel retail, which allows customers to shop online or in-store.
  • Its success with its own brands, which now account for over 80% of sales.
  • Its expansion into new markets, such as India and China.

IKEA is well-positioned to continue its growth trajectory in the coming years. The company has a strong brand, a loyal customer base, and a diversified business model. IKEA is also investing heavily in its digital business and its expansion into new markets.

Known as by Consumers

Consumers affectionately refer to IKEA as “IKEA” or “The Blue Box Store,” referencing the company’s distinctive blue-and-yellow logo and store design. The nickname “The Blue Box Store” reflects the brand’s iconic blue exterior and yellow accents that are instantly recognizable to shoppers around the world.

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IKEA’s journey from a small mail-order business to a global leader in home furnishings is a testament to the vision of its founder, Ingvar Kamprad, and its commitment to innovative, affordable, and sustainable design.

With a vast network of stores across the world and impressive annual revenue, IKEA continues to shape the way people furnish their homes. Its legacy of flat-pack furniture, democratic design, and iconic products ensures that IKEA remains a source of inspiration for both consumers and the home furnishings industry as a whole.

Posted by
Kazan Aldrich

I used to be a pilot, but ended up being just a mediocre writer.

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