On May 27, IKEA launched a complete furniture rental service in Taiwan, China to provide enterprises with the necessary furniture and decorations. After the contract expires, IKEA will collect, clean and refurbish it, and then sell or re-rent it at a discount.
 
At present, furniture rental services are still in the early stages, but IKEA is determined to continue to expand this business. It is IKEA's development goal to transform into a 100% circular economy enterprise by 2030.