IKEA

About

IKEA is a multinational conglomerate founded in Sweden in 1943 by Ingvar Kamprad. It is renowned for designing and selling ready-to-assemble furniture, household goods, and related services. The company is owned and managed by Inter IKEA Group and Ingka Group, with the brand itself being managed by Inter IKEA Systems B.V. IKEA is celebrated for its modernist furniture designs and immersive shopping experiences. It operates under a franchise model, allowing it to maintain lower prices than competitors. IKEA's vision is to create a better everyday life for many people by offering well-designed, functional, and affordable home furnishings. The company has been expanding its digital capabilities and sustainable practices, including efforts to become circular and climate positive. With over 470 stores across 63 countries, IKEA continues to innovate and adapt to changing consumer needs, emphasizing accessibility and sustainability in its operations.