IKEA is a Swedish-founded multinational conglomerate that designs and sells ready-to-assemble furniture, kitchen appliances, home accessories, and various household goods. Founded in 1943 by Ingvar Kamprad in Almhult, Sweden, IKEA has grown to become the world's largest furniture retailer. The brand is currently owned by a Dutch holding company, Ingka Holding, controlled by the Stichting Ingka Foundation.
IKEA is known for its modernist, Scandinavian-inspired designs and its flat-pack, self-assembly approach to furniture which helps keep costs low. The company operates over 460 stores in more than 60 countries and territories. Each IKEA store features a showroom layout where customers walk through fully furnished room settings, a marketplace section for smaller items, and a self-serve warehouse for flat-packed furniture.
The product range is vast, covering living room furniture, bedroom furniture, kitchen systems and appliances, bathroom fixtures, lighting, textiles, rugs, storage solutions, children's furniture, office furniture, outdoor items, and home decor. IKEA is also known for its in-store restaurants serving Swedish meatballs and other Scandinavian dishes. The company has increasingly expanded its online shopping and delivery services.
IKEA has made significant commitments to sustainability, aiming to become climate positive by 2030. The company uses renewable and recycled materials in many products, offers furniture take-back and recycling programs, and has invested in renewable energy generation. IKEA also offers interior design services, kitchen planning, and smart home products through its DIRIGERA smart home hub.