A comprehensive analysis of factors that drive and restrict the furniture market growth is provided. Asia Pacific region is expected to overtake North American furniture market in the forecasted period in terms of market share. Industry trends that are popular and are causing a resurgence in the market growth are identified. FRANCE FURNITUREMARKET, 2017–2025 ($MILLION)FIGURE 24. Figure 1b: Chart shows estimated online market share of orders by month for Wayfair, Overstock.com, and Ikea from January 1, 2017 to August 31, 2019, according to Edison Trends. In 2017, residential was the leading furniture market segments, due to rise in global economy that has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the market. This furniture combines pet bed and owner’s furniture including coffee table, bedside table, and chair, in a single product. The market players have adopted key developmental strategies such as product launch to fuel the growth of the wooden floor market. Market size and forecast, by distribution channel6.5.4. EUROPE FURNITURE MARKET, BY COUNTRY, 2017–2025 ($MILLION)TABLE 14. Market size and forecast, by type6.3.5.2. Market size and forecast, by type6.4.3. Market size and forecast, by distribution channel, 6.4.8.1. Intensity of competitive rivalry, 3.4.1.1. BRAZIL FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 45. June 6th 2019. Statista. Online retailing and increase in demand for multifunctional furniture present significant opportunities for the growth of the North America furniture market. The key countries in all the major regions are mapped based on their furniture market share. These factors are expected to boost the sale of furniture though e-commerce segment during the forecast period. North America has the largest market share for furniture products, followed by Europe and Asia Pacific. Market size and forecast, by type6.4.5.2. Number of stores of the IKEA Group worldwide 2019, by region, Global furniture market size from 2020 to 2027, Sales of the leading furniture stores in the U.S. in 2019. Market size and forecast, by type6.3.8.2. By end-use, the household segment accounted for the larger market share … Political – As part of the national or global trends and changes, IKEA is just one example of firms that are successful in both domestic and international business . Market size and forecast, by type6.4.8.2. China, 6.4.5.1. The development in manufacturing technology has substantially reduced the cost of furniture, which fueled the use of furniture products. Lack of skilled workforce is the main challenge faced by the operating players in this region. "Retail Sales Share of Ikea Worldwide in Fiscal Year 2020, by Sales Channel. DO YOU HAVE SPECIFIC REQUIREMENTS? Tie-ups between furniture manufacturers and interior designers is another trend gaining popularity in the industry and are acting as an emerging sales channel for the manufacturers. This outstrips the wider performance of Ikea globally, which saw sales grow 5%. SAUDI ARABIA FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 47. A range of beds and sofas are available in the industry, which is designed according to the weight, size, … Corporate solution including all features. It has around 380 stores worldwide and is driving the furniture market in the developing nations. A huge part of this growth is expected to arise from Asian countries … CANADA FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 18. ASIA-PACIFIC FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 27. Primary Research1.4.2. ASIA-PACIFIC FURNITURE MARKET, BY COUNTRY, 2017–2025 ($MILLION)TABLE 29. The distribution channel comprises supermarkets & hypermarkets, specialty stores, e-commerce, and others. In 2017, specialty store was the leading segment in the global market, owing to wide range of furniture category that is offered by specialty store. SOUTH KOREA FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 30. Beds and sofas held the largest market share of more than 35.0% in 2018. REST OF ASIA-PACIFIC FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 40. Market size and forecast, by distribution channel, 6.3.6.1. Consumers, who have small space, are boosting the demand for such furniture product forms. Market size and forecast, by type6.2.6.2. Then you will be able to mark statistics as favourites and use personal statistics alerts. "Retail sales share of IKEA worldwide in fiscal year 2020, by sales channel." HIGH BARGAINING POWER OF BUYERSFIGURE 09. Market size and forecast, by distribution channel, 6.5.7.1. *Taxes/Fees, if applicable will be added during checkout. Market size and forecast, by type6.5.6.2. All these factors have had a positive impact on the furniture sector and are expected to drive demand for furniture in the forecast period. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Market size and forecast, by country6.3.5. Inter IKEA Group includes the business operations of the IKEA Franchisor, Range, Supply and certain Industry activities. Moreover, development of automated manufacturing system is anticipated to have a significant impact on the furniture industry during the forecast period. IKEA franchisees purchase products from Inter IKEA Group companies and pay a franchisee fee based on retail sales. Profit from additional features by authenticating your Admin account. It is headquartered in the Netherlands. India Furniture Market Size, Share and Analysis 2024 By Supply (Domestic & Imported), By Sector Type, By Type (Home Furniture, Office Furniture & Institutional Furniture), By Product Type, By Point of Sale, By Raw Material Type, Competition, Forecast & Opportunities, Key benefits for stakeholders1.3. The rise in number of small-size houses has encouraged multi-functional furniture, which has facilities for extra storage. Market size and forecast, by type6.2.3. Rise in disposable income3.4.1.2. MEXICO FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 11. Market size and forecast, by distribution channel, 6.4.1. The report includes details of the analysis of the regional and global markets, key players, market segments, application areas, and growth strategies. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: * New stores opened during FY20. Please authenticate by going to "My account" → "Administration". Booming real estate industry in the current scenario is driving the global furniture market. The Growth of Online Furniture Sales.
In addition, their ability to innovate and diversify their products has also been identified as part of the strategy of IKEA. Furniture Stores in the US industry outlook (2020-2025) poll Average industry growth 2020-2025: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. An in-depth analysis of the global market helps determine the prevailing market opportunities. UAE FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 49. Low-cost furniture producers such as China and Vietnam are also anticipated to drive the growth of the furniture market. Key market trends, growth factors, and opportunities6.2.2. The rise in the global economy has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the market. The cabinets segment is projected to exhibit the highest CAGR at 3.00%. Ready-to-assemble (RTA) furniture retail in the U.S. Market size and forecast, by distribution channel, 6.3.1. FURNITURE MARKET SEGMENTATIONFIGURE 03. Chart. Market size and forecast, by distribution channel, 6.3.10.1. GERMANY FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 20. Industry Trends. Furthermore, eco-friendly furniture is witnessing increased demand due to growing environmental awareness among the consumers in the region. NORTH AMERICA FURNITURE MARKET, BY COUNTRY, 2017–2025 ($MILLION)TABLE 05. Based on region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA). All Rights Reserved. Market size and forecast, by type6.3.6.2. Based on distribution channel, the market is categorized into supermarkets & hypermarkets, specialty stores, e-commerce, and others. By region, North America was the largest market for furniture in 2017 due to increase in spending capacity of the consumers and real estate sector. To understand geography trends, Download Sample Report. Our Executive will get back to you Shortly. Accessed December 17, 2020. https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/, IKEA. CXO perspective, 3.1. Increase in public spending, 4.1.1. ", IKEA, Retail sales share of IKEA worldwide in fiscal year 2020, by sales channel Statista, https://www.statista.com/statistics/946210/ikea-sales-share-by-sales-channel-worldwide/ (last visited December 17, 2020), Retail sales share of IKEA worldwide in fiscal year 2020, by sales channel. You only have access to basic statistics. Market size and forecast, by country6.4.5. MEXICO FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 19. UAE FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 34. In addition, emerging new species of wood tree for furniture manufacturing and marketing through internet are some of the factors that are expected to contribute to the growth of the market across the globe. By Steve Hawkes 05 October 2013 • 8:45pm REST OF EUROPE FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 25. In addition, growing commercial infrastructure and real estate sector has fueled the demand for the residential furniture products across the globe. CANADA FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 09. Some 2.8 billion people visited its websites over the course of the year, and Ikea introduced e-commerce to nine new markets. LAMEA FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 42. INDIA FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 27. SPAIN FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 18. Coupled with this is the increased propensity to spend on lifestyle and consumer products, driven by increased ease of financing for consumer durables and increased exposure to global furniture products. (IKEA, 2009). Without further due let us discuss top ikea competitors. Table of Contents. Market size and forecast, by type6.3.10.2. Bargaining power of buyers3.3.3. EUROPE FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 12. Analyst Tools and Models, 2.1. The Pearl River Delta boasts the highest production of furniture. Market size and forecast, by type6.4.9.2. Kitchen Furniture gaining momentum in investments with consistent growth in the hotel industry which in turn thrives on rising in travel and tourism. In addition, increase in government investments in infrastructural development boosts the furniture market demand in the residential and commercial sector in near future. Market size and forecast, by type6.4.7.2. Are you interested in testing our corporate solutions? Furniture is used in laboratories, spa, office, clean room, restaurants, camping, bedroom, outdoor, library, parks, stores, and many more places. ASIA-PACIFIC FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 28. CHINA FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 31. Folding Furniture Market Size 2020 Industry Share, Top Key Players, Growth Opportunities, Types and Applications and Forecast to 2026. New Ikea chief hopes to double UK market share The new head of Ikea UK wants to double the size of the flatpack furniture giant’s business in Britain. Rise in raw material price3.4.2.2. Some of the major players in the global furniture industry analyzed in this report are Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc., Masco Corporation, HNI Corporation, L. & J.G. Global Play Room Furniture Industry 2020 Market Research Report is an in-depth study providing a complete analysis of the Enterprise Tablet Market for the period 2020–2026. Considering the morbid economic climate prevailing in US and European markets, these statistical figures can be considered as a positive sign for continual growth of the company. Summary. Threat of new entrants3.3.5. Also, in recent time the growing commercial sector has contributed toward the growth of the furniture market. Amazon has recently launched its furniture brand – Rivet and Stone & Beam and will serve as Amazon’s first-ever home furnishing brand. TOP INVESTMENT POCKET, 2017-2015FIGURE 04. Ikea is a furniture company that designs and sells many kinds of ready to assemble furniture, home accessories and kitchen appliances. UK FURNITUREMARKET, 2017–2025 ($MILLION)FIGURE 22. Market size and forecast, by distribution channel, 6.5.6.1. Get insights on topics that are crucial for your business. Market size and forecast, by type6.5.5.2. Threat of substitution3.3.4. $39 per month* Start reading instantly ,This title and over 12000 thousand more,available with Avenue Library, T&C*. Performance of China’s furniture market: decreasing performance in 2018 According to the National Bureau of Statistics, in 2015, there were 5,290 furniture enterprises in China with a total estimation of 769.61 million pieces of furniture produced. Market size and forecast, by distribution channel, 6.2.7.1. Projections cited in the report E-Commerce: United States expect furniture and furnishings to be the fastest-growing segment of e-commerce sales through 2022. Ikea is the provider of affordable, stylish, modern architectural designed furniture, kitchenware and appliances that are shaping the comfortable living of people around the world. In addition, the increase in income levels and change in lifestyle of consumers are expected to further drive the market growth. Market size and forecast, by distribution channel, 6.5.1. (October 29, 2020). LOW BARGAINING POWER OF SUPPLIERSFIGURE 08. SOUTH KOREA FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 39. Market size and forecast, by distribution channel6.4.4. The rapid pace of urbanization, increase in single and dual living households, and rise in trend of classy yet compact furniture for enhancing the overall household aesthetics support the adoption of folding furniture. Furniture are movable items such as chairs, beds, cupboards, tables, shelves, or in form of decorative art used at various places. FY20 (the fiscal year of 2020) is the period from September 1, 2019 to August 31, 2020. Market size and forecast, by type6.3.3. SPAIN FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 21. Ikea Ltd is still the clear leader of the home furnishings category in Canada, and in 2019 gained value share in an otherwise fragmented environment. Play Room Furniture Market Trends, Growth, Industry Share, Size and 2026 Forecast Report. Amazon. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2018* (%)FIGURE 06. Areas where the Local Furniture Industry is Concentrated at in China. They have introduced advanced designs to boost the demand for furniture. 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Further, the fluctuating cost of materials such as wood and leather also restricts the market growth. The furniture market is highly fragmented due to multiple vendors in both international and regional players. The online channel can be accessed by large number of consumers due to increased internet penetration across the globe. Top winning strategies, 3.3.1. Porter's Five Forces analysis. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Also, some companies provide “designing your own interior sitting at home” service with the help of an online interactive room designer software. New, Everything you need to know about the industry development, Find studies from all around the internet. Total Starbucks locations globally 2003-2019, Market share of leading carbonated beverage companies worldwide, Revenue and financial key figures of Coca-Cola 2009-2019, Profit from additional features with an Employee Account. Retail sales share of IKEA worldwide in fiscal year 2020, by sales channel [Graph]. Market size and forecast, by type6.3.9.2. (billed annually). STICKLEY, INC., Kimball International, Inc., Okamura Corporation, Heritage Home Group LLC, and Durham Furniture Inc. 1.1. Secondary Research1.4.3. Then you can access your favorite statistics via the star in the header. FURNITURE MARKET BY DRIVERS,RESTRAINT,OPPORTUNITYES 2017FIGURE 13. MODERATE THREAT OF SUBSTITUTIONFIGURE 10. Market size and forecast, by distribution channel, 6.4.10.1. Growing infrastructure investment in residential and commercial sector3.4.1.3. Market size and forecast, by distribution channel, 6.3.7.1. Market definition and scope3.2. Market size and forecast, by country6.5.5. Global furniture market is projected to reach $800,596 million by 2025 end, with a CAGR of 3.5% from 2018 to 2025. Amazon started a free shipping policy for both the brands. In addition, increase in disposable income has influenced the individual to spend more on comfortable lifestyle, this in turn is expected to provide growth opportunities for the global furniture market. In a press report released in November 2009, IKEA has reported growth inUKannual sales to £1.2bn and increase in market share by 0.7%. Market size and forecast, by distribution channel, 6.2.6.1. Market size and forecast, by distribution channel, TABLE 01. The report covers major international players operating in the UK Home Furniture Market. GLOBAL FURNITURE MARKET SHARE, BY TYPE, 2017 (%)FIGURE 14. Global size of RTA furniture market 2018-2025, Share of the RTA furniture market in 2018, by application, Revenue of the furniture market worldwide by country 2020, Revenue of the bedroom furniture market worldwide by country 2020, Revenue of the living-room & dining-room furniture market worldwide by country 2020, Revenue of the kitchen furniture market worldwide by country 2019, Furniture and bedding sales in the U.S. 2006-2020, U.S. RTA furniture market value from 2013-2023, U.S. RTA furniture market value from 2015-2025, by material, Retail sales of RTA furniture in the United States from 2013 to 2019, Retail sales of home office RTA furniture in the U.S. 2012 to 2019, Retail sales of RTA home entertainment furniture in the U.S. from 2015 to 2019, Retail sales of kitchen RTA furniture in the United States from 2012 to 2019, Retailers where U.S. consumers shopped most often for furniture as of 2019, Retail channels most used for RTA furniture purchases U.S. 2020, RTA furniture products most likely to be purchased among U.S. consumer 2020, U.S. consumers' purchase motivation for RTA furniture products as of 2019, Key factor when purchasing RTA furniture among U.S. consumers as of 2020, Price expectations for RTA furniture among U.S. consumers 2019, by product, Sales of the leading 10 specialty furniture stores in the U.S. 2018-2019, Global retail sales share of IKEA in 2020, by sales channel, Global retail sales share of IKEA in 2019, by area of the home, Number of stores of the IKEA Group worldwide from 2013 to 2020, Italy: revenues of IKEA Italia Retail Spa in 2009-2014, Italy: revenues growth of Ikea Italia Retail Spa in 2010-2013, Evaluation of furniture stores in France 2014, by criterion, Number of employees of the IKEA Group worldwide 2010-2015, by region, Transport volume of IKEA goods worldwide 2011, by transportation type, Global energy consumption in IKEA buildings 2011, by building type, Sales growth of IKEA North American Svcs. Restaurant Furniture Market Share 2020 Industry Size, Growth Factor, Top Key Players, Trends, Drivers, Types and Applications, Forecast to 2026 . GERMANY FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 15. Environmental restriction associated with deforestation, 3.4.3.1. Naturally there are many Ikea competitors. GLOBAL FURNITUREMARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 02. The global Baby Furniture market has been comprehensively analyzed and the different companies that occupy a large percentage of the market share in the regions mentioned have been listed out in the report. MEXICO FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 10. Germany, 6.3.5.1. Please create an employee account to be able to mark statistics as favorites. Key findings, 3.2.1. SOUTH KOREA FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 38. FRANCE FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 24. Market size and forecast, by distribution channel, 6.3.8.1. The integration of internet of things into furniture products is projected to further escalate the market growth. It is considered as the world’s largest furniture designer. UAE FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 50. This feature is limited to our corporate solutions. Market size and forecast, by type6.5.3. Research methodology, 1.4.1. Market size and forecast, by distribution channel, CHAPTER 6:    FURNITURE MARKET, BY REGION, 6.1.1. Key findings of the study2.2. The overall demand for furniture has increased among urban households, as consumer in urban area furnish their home to increase comfort level and live luxuries lifestyle. Market size and forecast, by type6.5.8.2. Write us on help@alliedmarketresearch.com, Sales related queries? Ikea UK sales grow 8% year-on-year to £2.1bn. The global furniture market is segmented based on type, distribution channel, and region. In commercial spaces, furniture plays an important role in seating arrangements and document storage. REST OF EUROPE FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 25. The demand for furniture is on the rise across the globe. By furniture type, sofas segment accounted for the largest market share in 2018, with a market value of USD 149.04 billion. ITALY FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 21. FRANCE FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 23. UK FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 19. NORTH AMERICA FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 03. Register in seconds and access exclusive features. Market size and forecast, by distribution channel, 6.4.7.1. REST OF LAMEA FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 51. Market size and forecast, by type6.4.10.2. IKEA in China has risen from the opportunity provided by China’s growing furniture market. New, Figures and insights about the advertising and media world, Industry Outlook The company have an exclusive museum to showcase its creativity in Almhult, Sweden. The industry is dominated by furniture specialists but stores are taking an increasingly intermediary role as consumers migrate online at the start and end of the purchasing journey. Start reading instantly ,This title and over 12000 thousand more,available with Avenue Library, T&C*, Call us on ( U.S. - Canada toll free ) +1-800-792-5285,    Int'l : +1-503-894-6022 ( Europe ) + 44-845-528-1300 Drop us an email at help@alliedmarketresearch.com. The trend of online shopping substantially influences the furniture market. In my previous article, I have performed Ikea swot analysis, if you are interested give it a try. 4. Based on type, it is classified as RTA, residential, and commercial. Learn more about how Statista can support your business. Write us on911@alliedmarketresearch.com, Looking for media contact? Commercial Furniture Retail Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2024 . DID YOU MISS ANYTHING? AUSTRALIA FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 29. facts. U.S. FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 17. JAPAN FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 34. Product Insights. However, scarcity of skilled labor, better transportation facilities, and infrastructure facilities may act as a hindrance for the global furniture market. LAMEA FURNITURE MARKET, BY COUNTRY, 2017–2025 ($MILLION)TABLE 44. Asian market for furniture is expected to witness double digit growth in the coming years. Clients can easily download both quantitative as well as qualitative reports in PDF and excel formats. Some of the major players in the global furniture industry analyzed in this report are Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc., Masco Corporation, HNI Corporation, L. & J.G. Ikea Competitors Analysis . IKEA. Key market trends, growth factors, and opportunities6.4.2. Brazil, 6.5.5.1. Depending on end use, furniture designs can be modified through machine-based processes and handcrafting. Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network. CHINA FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 26. GERMANY FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 16. This report provides a quantitative analysis of the current furniture market trends, estimations, and dynamics of the global furniture market size from 2018 to 2025 to identify the prevailing furniture market opportunity. E-commerce sales grew 43%, the company said. ITALY FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 22. AUSTRALIA FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 37. It has a thriving furniture market because there is a great availability of natural resources. Franchisees purchase products from inter Ikea Group companies and pay a franchisee fee based on DISTRIBUTION,! Has its Local FURNITURE industry during the forecast period growth is provided household segment accounted for the residential commercial. Ready to assemble FURNITURE, which fueled the use of FURNITURE, which has facilities for extra.... Prevailing MARKET Opportunities FIGURE 26 MARKET helps determine the prevailing MARKET Opportunities in commercial spaces, FURNITURE can! To 2025 billion in 2018 the most notable and disruptive shift is the rise of e-commerce in the.. * FIGURE 05 industry share, BY DISTRIBUTION channel, and Ikea introduced e-commerce to nine new markets in. Cagr of 3.5 % from 2018 to 2025 Administration '' media contact I have performed Ikea swot analysis, you! 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