IKEA: number of traditional stores worldwide 2024

As of December 2024, there were a total of 480 IKEA stores worldwide. A year before that, the number of stores was 471. In the financial year of 2024, the global revenue generated by the IKEA Group amounted to roughly 45.1 billion euros.

IKEA as an international success

IKEA has been growing rapidly since its founding in 1943 and is the world’s largest furniture retailer today, known for its Scandinavian style and flat-pack furniture. The furniture retailer is well-established on every continent in the world, with more than half of the total being in Europe. In 2024, 284 stores were registered throughout the continent. 

IKEA as a brand

As of 2024, IKEA was ranked the seventh most valuable retailer in the world, valued at almost 22 billion U.S. dollars. With its low prices and large product range, the company was widely recognized by customers when they were shown both the brand’s logo and the written brand name. According to a survey conducted in 2023, nearly 90 percent of U.S. consumers knew the brand and almost one in two shared that they like IKEA and its products.