In this article, we’ll discuss the 5 countries with the most IKEA stores worldwide in 2023. If you want to read our detailed analysis of IKEA stores, their revenue, and recent trends, then go and check out 15 Countries with the Most IKEA Stores Worldwide in 2023.
5. United Kingdom
Total number of stores: 22
The United Kingdom has 22 IKEA stores, making the brand a popular and prominent presence in the country. Additionally, IKEA is further expanding its reach by announcing the opening of a new store in London’s Hammersmith neighborhood in 2023. The company’s dedication to meeting customer needs is evident through its investments in online shopping and home delivery services, catering to the evolving preferences of its UK customers. IKEA continues to solidify its position as a leading home furnishing retailer in the UK market.
4. China
Total number of stores: 34
The first IKEA store in China was inaugurated in Beijing back in 1998. To cater to the local market, the IKEA stores in China have made adjustments, being strategically located closer to city centers and public transportation hubs to ensure high customer traffic. These stores also boast wider aisles to accommodate the larger volume of visitors compared to other parts of the world. China’s role is essential to IKEA, as it serves as a crucial manufacturing hub for the company’s products. Additionally, IKEA has embraced e-commerce, launching online shopping services in Shanghai and expanding them to numerous cities throughout China. The company continues to thrive and adapt to the diverse needs of Chinese customers. As of 2023, mainland China proudly hosts 34 IKEA stores, spread across various cities.
3. France
Total number of stores: 34
IKEA has established a significant presence in France, with 34 stores located throughout the country as of 2023. The journey began in 1981 when the first IKEA store opened in Paris. France holds the third-largest market share for IKEA in terms of sales, following Germany and the US. With a market share of around 18%, IKEA France leads ahead of competitors like Conforama. In 2019, the company recorded a total revenue of 3 billion euros in France. Focused on expansion, IKEA has been investing in central Paris, including the opening of its first store in the heart of the city as part of a €400m initiative. Additionally, IKEA has been emphasizing smaller, city-center stores, exemplified by the IKEA Paris La Madeleine store. Looking forward, IKEA is committed to further growth in France and has announced a €1.2Bn investment, prioritizing the Paris market.
2. United States
Total number of stores: 52
IKEA has a significant market presence in the US, with 52 stores as of 2022, second only to Germany. The company is actively expanding in the country, with plans to open eight new stores. To meet changing customer needs, IKEA has been investing in online shopping and home delivery services. The US is an important market for IKEA, and the company has been successful in the country, making it a key focus for further growth. As part of its expansion strategy, IKEA has unveiled a €2bn investment in the US, marking its biggest investment in a single country.
1. Germany
Total number of stores: 53
Germany, the most populous country in the European Union, boasting over 83 million people, is an attractive market for IKEA. With 53 stores strategically located throughout the country as of 2023, Germany holds a significant presence for the company.. The country’s robust economy and high purchasing power further reinforce its importance as a key focus for IKEA’s operations and growth.
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