In a sense. But their designs are fairly timeless, and while their cheapest product lines don't hold up to much abuse they still last 10+ years under normal use. A fraction of what good furniture will last, but long enough that usually your needs change faster than the furniture breaks. Or longer, judging by the very healthy market for second-hand ikea furniture
Or until it gets scrapped because it went out of fashion. People usually don't renovate because their furnishings are falling apart but because they want something fresh.
I tend to agree. Styles change, needs change as people move and/or change lifestyles. I have some pretty old furniture but I mostly own it because I can find a space for it--not because I'd buy it today.
