COVID-19 Impact on IKEA

The Coronavirus (COVID-19) company impact report analyses how the pandemic will impact IKEA's performance.

The non-essential nature of IKEA’s business and its low online penetration mean the pandemic will have a significant impact on its 2020 sales.

IKEA’s reaction to the crisis will boost brand image, and this will benefit it in the long term.

Scope

– IKEA will be heavily impacted by physical store closures in key markets including Germany, the US, France and the UK.

– Global competitors have an advantage over IKEA; Walmart and Amazon have a far broader product range to lean on.

Reasons to buy

– Use our revised 2020 forecast for IKEA to understand how it will perform this year.

– Use our charts to review how IKEA's sales are split by region globally and how these regions have been impacted by COVID-19.

– Use our in-depth analysis to review how IKEA has responded to COVID-19 and how this will affect its performance.

Companies mentioned

IKEA

Walmart

Amazon

Home Depot

Leroy Merlin (Adeo Groupe)

Menards

Lowe's

Ace Hardware

Target

Sherwin Williams

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