The Sales of Inter Ikea Systems BV in Germany reached USD 7,101.81 Million in 2020
The indicator recorded a historical growth (CAGR) of 2.52% between 2017 to 2020
Inter IKEA Holding BV (IKEA Holding)
Online retail in Germany
The value of the German online retail sector grew by a significant percentage in 2020, because of the COVID-19 pandemic, with increased demand driven by a shift of consumption from the offline retail channel. The market is expected to follow a decelerating but strong growth trajectory over the rest of the forecast period, consequent to a slower increase in the penetration of online shopping and the recovery of consumption in the offline retail sector.
Business description
Inter IKEA Holding BV (IKEA Holding) is a holding company. The company is engaged in providing home furnishing products, solutions, and services. Its business areas include franchising, range, supply, and industry. It offers products in various categories including textiles, living room and workspace, bedroom and bathroom, kitchen and dining, lighting and home smart, cooking, eating and decoration and food, among others. Inter IKEA Holding specializes in manufacturing and offering wood-based furniture. The company works with retailers and suppliers to provide franchisees. It has presence in North America, Europe, and Asia-Pacific. IKEA Holding is headquartered in Delft, Zuid-Holland, the Netherlands.
IKEA Holding’s Franchise business is operated through its subsidiary Inter IKEA Systems B.V. (IKEA Systems). It is engaged in implementing IKEA concept such as brand development, sustainability, people and environment, social media, market potential and expansion in new and existing IKEA franchisees.
Products & services
IKEA Holding is a provider of home furnishing products and solutions. The key products and services offered by the company include the following:
Products
Services
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