IKEA: employee count worldwide 2013-2024
In 2024, the number of IKEA co-workers worldwide amounted to 216,000. This is an increase of around 65,000 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 Scandinavian style. The majority of IKEA's furniture is flat-pack, ready to be assembled by the consumer. This 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 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. 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 sustainable environment and are less costly or using the newest ways of packaging, handling and transporting materials.
Brand value and store visits
According to Millward Brown Optimor's "Brandz Top 100 Most Valuable Global Brands 2023", IKEA was not only the most valuable furniture retailer brand in the world, it was also the seventh most valuable retailer in the world, valued at almost 22 billion U.S. dollars. The furniture business operates more than 450 stores and is present in the major world markets. Additionally, there were about 900 million customers visits to IKEA stores in the fiscal year of 2024, compared to 860 million in 2023.