IKEA: global retail sales share 2024, by sales channel

In the financial year of 2024, about 71 percent of IKEA's global retail sales were generated in the company's existing retail stores. In comparison, online sales of the Swedish furniture retail conglomerate made up to about 26 percent of its global sales.

Global impact of IKEA

With it’s first store opening back in 1958 in Älmhult, a small town in the south of Sweden, IKEA has now grown into the world’s largest furniture retailer. Over the years, IKEA’s global annual revenue has shown a general increase, reaching over 45 billion euros in 2024. 

IKEA online

With nearly one quarter of its revenue generated through online sales, IKEA’s web store is favored amongst global consumers. In 2023, IKEA.com ranked third amongst competitors worldwide in terms of e-commerce sales. In 2024, IKEA.com was visited over 4.5 billion times globally.