About us

A little blonde boy is playing in his room. He is standing on his knees, throwing an IKEA BLÅHAJ plush toy in the air.

To offer a wide range of well-designed, functional home furnishing products at prices so low, that as many people as possible will be able to afford them.

IKEA business idea

460 IKEA stores in 62 markets

Updated: 15 February 2023

South America

North America

Europe

277

Africa

Asia

Oceania

Middle East

The first IKEA store opened in 1958 in Älmhult, Sweden.

The latest IKEA store to open is Tetouan, Morocco.

Germany has the most IKEA stores in the world.

The biggest IKEA store is Pasay City, Philippines.

Three people are sitting on a sofa at home, laughing. A few woven baskets are hanging on the wall behind them.

Our year in review

Get a glimpse of FY22 with a selection of facts and figures.

Take a look at the year that passed

Together, all over the world

The IKEA Brand unites thousands of co-workers and hundreds of companies with different owners around the world. The retail business is organised in a franchise system with 12 franchisees in 62 markets that – together with the franchisor and other parts of the business – continuously improve and develop the brand.

What’s it like to be an IKEA franchisee?

A woman in a beige trench coat carrying a pile of colourful watering cans. A yellow stool is hanging over her shoulder.

Being able to offer IKEA products to as many people as possible is a challenge we love. To ensure the long-term growth and development of the IKEA business we use a franchise system.

The IKEA franchise system

The store front of an IKEA city store. A variety of motorcycles and bicycles are parked outside the store.

The IKEA way of retail

Whether we are entering new markets or meeting customers in new ways, we are constantly innovating to meet customer expectations.

Find out how we develop the IKEA experience

IKEA is not the work of one person alone, it is the result of many minds and many souls working together through many years of joy and hard work.
Ingvar Kamprad, IKEA Founder

IKEA culture and values

More than a retailer

To meet the needs of our customers we have a unique business model and value chain. It includes product development, design, supply, manufacture and sales. And of course, it starts and ends with our customers.

A woman is leaning over a table to make notes on a piece of paper. She is surrounded by woven lampshades of various sizes.

Our value chain is about putting people first, and that starts by listening to people’s needs and dreams.

Breaking down the IKEA value chain

A photo from the 1940s with a wooden family house and a tiny shed with a handmade IKEA sign in between trees and greenery.

The history of IKEA

IKEA reaches millions of hearts and homes all over the world. And it all began in a small Swedish town in the 1940s.

Discover our story