FAQ | Ingka Group

Ingka Group (Ingka Holding B.V. and its controlled entities) is the largest of 12 IKEA franchisees, representing around 90% of total IKEA sales. The name Ingka is based on its founder’s name, Ingvar Kamprad.

Ingka Group has three areas of business: IKEA Retail, Ingka Centres and Ingka Investments.

You can read our press releases in our Newsroom.

The ownership structure of Ingka Group ensures independence and a long-term approach. Ingka Group is owned by a Dutch foundation, Stichting Ingka Foundation, with a charitable purpose that is achieved by making funds available to Stichting IKEA Foundation. As its owner, Stichting Ingka Foundation can reinvest funds into Ingka Group.

Jesper Brodin has been the Ingka Group CEO since September 2017. His IKEA career began over 20 years ago and as a leader, Jesper is known for his belief in values-based leadership and for his emphasis on togetherness.

The Ingka Group headquarters is based in Leiden, the Netherlands.

As of 31 August 2024, Ingka Group operates 400 IKEA stores including city stores, as well as 174 other formats (e.g. IKEA planning studios), in 31 countries.

Ingka Group operates IKEA Retail stores in 31 countries. The stores are in:

• Australia
• Austria
• Belgium
• Canada
• China
• Czech Republic
• Croatia
• Denmark
• Finland
• France
• Germany
• Hungary
• India
• Ireland
• Italy
• Japan
• Korea
• Netherlands
• Norway
• Poland
• Portugal
• Romania
• Serbia
• Slovakia
• Slovenia
• Spain
• Sweden
• Switzerland
• UK
• Ukraine
• USA

The first IKEA company was founded by Ingvar Kamprad in 1943, in Småland, southern Sweden.

Ingka Holding B.V. is one of 12 franchisees, operating IKEA stores under franchise agreements with Inter IKEA Systems B.V., the owner of the IKEA Concept and worldwide IKEA franchisor.

Inter IKEA Systems B.V. is based in the Netherlands and part of Inter IKEA Group. Inter IKEA Group and Ingka Group have the same founder, as well as a common history and heritage, but are two separate groups of companies with different management and different owners.

All IKEA franchisees pay a 3% franchise fee to Inter IKEA Systems B.V. The franchise fee gives us, as an IKEA retailer, the right to operate stores and other sales channels under the IKEA Concept and IKEA Brand. It grants access to systems, methods and proven solutions as well as staff trainings, manuals and updates of the IKEA Concept such as store layouts, fittings and display concepts.

Ingka Group’s Annual Reporting for FY24 can be viewed here.

The below numbers are correct for FY24 (1 September 2023 – 31 August 2024).

• 729 million visits to IKEA stores
• 3.1 billion visits to IKEA.com
• 18.9 million downloads of the IKEA App
• EUR 39,6 billion IKEA Retail sales
• EUR 41.8 billion total revenue
• EUR 1.3 billion operating income
• 162,293 co-workers

For further information on FY24 please see Ingka Group Annual Reporting.

The IKEA vision is to create a better everyday life for the many people, and we believe those lives are truly better when they’re lived sustainably. Over the 30 years since Ingka Group was founded by the late Ingvar Kamprad, we’ve brought the IKEA Brand to millions of homes in 31 countries. Our roots are in the history, values and vision of IKEA.