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IKEA

IKEA: A Global Furniture Giant IKEA, a Swedish multinational conglomerate, has dominated the global furniture retail market since 2008. Founded in 1943 by Ingvar Kamprad, the brand name is an acronym derived from his initials and his hometown. Known for its modernist designs and affordable prices, I...

IKEA Overview

IKEA Image Source : Wikipedia
  • Company type Private
  • Industry Retail
  • Founded 28 July 1943
  • Founders Ingvar Kamprad
  • Headquarters Delft, Netherlands, (Inter IKEA Systems B.V.), Leiden, Netherlands, (INGKA Holding B.V.)
  • Area served Worldwide
  • Revenue €45.1 billion (2024)
  • Website www.about.ikea.com, ingka.com, ikea.com (retail)

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IKEA history

Last Updated : 23/03/25, 09:46 AM
IKEA: A Global Retail Giant's Journey Founded in 1943 by Ingvar Kamprad, IKEA initially operated as a mail-order furniture business. Its first physical store opened in Älmhult, Sweden in 1958. The name, an acronym for Ingvar Kamprad Elmtaryd Agunnaryd, reflects the founder's name and his childh...

IKEA NEWS

Karnataka NEET UG 2025: All you need to know about counselling 

August 22, 2025 9:27 am

According to the official website of the Directorate of Medical Education, there are 22 medical institutions under its jurisdiction. The official website for the state's NEET UG counselling is cetonline.karnataka.gov.in.

2,000 products, 15,000 sq ft to shop, plus Swedish cafe and snacks — all this and more at IKEA’s first store in Delhi’s Tagore Garden

September 02, 2025 1:20 am

The new city store in West Delhi is part of IKEA India’s “One Click, 30 Minutes Away” model, aimed at making the retailer more accessible in high-footfall urban locations where large stores are not feasible.

‘Online gives us a way of understanding customers before we open the store’: Ikea exec on creating online-first strategy

August 18, 2025 12:20 pm

IKEA's new store in Delhi spans 15,000 square feet and is a city store located in Pacific Mall, Tagore Garden.

Shutdown near IKEA on Thane-Belapur Road, Navi Mumbai traffic police announce diversions

May 08, 2025 1:09 pm

A section of the Thane-Belapur Road near IKEA is closed for concreting from May 8 to May 14.

Local adaption key, planning smaller stores to increase physical touch points: IKEA India Country Commercial Manager

March 24, 2025 1:46 pm

'India is one of the few countries in the world where nearly 99 per cent of the food we make and sell is sourced from within India'

IKEA sharpens focus on sleep quality in India, eyes temperature control and soundproofing

March 10, 2025 8:00 am

Sleep-related products such as bedroom furniture, beds and mattresses, and home textiles contribute significantly to IKEA’s revenue in India.

Swedish home furnishing giant IKEA pays over Rs 65 lakh in trade licence dues to BBMP

February 28, 2025 5:57 pm

During an inspection conducted by BBMP health officials in January, it was found that IKEA was operating certain units without necessary licences.

IKEA to launch online deliveries in Delhi-NCR, UP, and Punjab from March 1

February 28, 2025 5:27 am

Unlike the Mumbai market, for example, where multifunctional products are preferred due to space constraints, Delhi has larger living rooms, kitchens, and gardens, a nuance that will be reflected in IKEA’s range curation.

Seven years after India entry, IKEA to start online delivery in Delhi-NCR

February 13, 2025 5:07 am

The home furnisher’s e-commerce business in India is significant, accounting for roughly 30 per cent of total sales.

Dozens of misplaced anti-tank mines found in Polish IKEA warehouse

January 14, 2025 2:01 am

The mines were part of a cargo of 240 being transported by rail from Hajnowka, near Poland’s eastern border with Belarus.

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