IKEA ( or ; Swedish: [ɪ²keːa]) is a multinational group, headquartered in the Netherlands, that designs and sells ready-to-assemble furniture, kitchen appliances and home accessories. It has been the world's largest furniture retailer since at least 2008. It was founded in Sweden in 1943 by then-17-year-old Ingvar Kamprad, who was listed by Forbes in 2015 as one of the ten richest people in the world, worth more than 40 billion dollars. The company's name is an acronym that consists of the initials of Ingvar Kamprad (name of founder), Elmtaryd (the farm where he grew up), and Agunnaryd (his hometown in Småland, southern Sweden). The company is known for its modernist designs for various types of appliances and furniture, and its interior design work is often associated with an eco-friendly simplicity. In addition, the firm is known for its attention to cost control, operational details, and continuous product development, corporate attributes that allowed IKEA to lower its prices by an average of two to three percent over the decade to 2010 during a period of global expansion. The IKEA group has a complex corporate structure, which the European Union has alleged was designed to avoid over 1 billion Euros in tax payments over the 2009-2014 period. It is controlled by several foundations based in the Netherlands, Luxembourg and Liechtenstein.

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IKEA Group
IKEA Group
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  • Through a network of social entrepreneurs in Jordan, IKEA is creating jobs for Jordanian women and refugees coming mainly from Syria. Their skills in handicraft are on display in TILLTALANDE; a collection developed together with a team from IKEA, including the designer and self-proclaimed textile nerd Paulin Machado.

IKEA Group
IKEA Group
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  • The popular re-sealable sandwich bag ISTAD is the first large-scale bioplastic product from IKEA. Get a glimpse of the production from the sugarcane industry and the passion that goes into making a positive difference.

IKEA Group
IKEA Group
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  • The living room goes to bed late, and still wakes up early. It is the hardest working room in the house where you can Make Room for Life, embracing the laughter and the games, the reading and the listening, the contradictions and the friction. The living room has space for both our needs and our dreams. Accepting and welcoming it all makes for a richer and better everyday life.

IKEA Group
IKEA Group
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  • Presenting ODGER, the new chair from IKEA. It comes in a unique material, with plastic and wood mixed together. Follow the team behind the scenes to the factory in Italy and see how the chair is made, and hear the thoughts from the designer and product developer.

IKEA Group
IKEA Group
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  • Being your authentic self can take its toll on a sofa. EKTORP loose cover sofas are both comfy and tough. Strong seams, reversible cushions and washable covers make this a sofa series that can take the spills and challenges being yourself at home. So, relax and enjoy being who you really are. To see more, please visit IKEA.com

IKEA Group
IKEA Group
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  • Sometimes it’s nice to be alone but still be together with the family. KIVIK sofa series has great sofa seat support and you can combine sofas, chaises lounges and footstools to create zones and get a sofa combination that lets you be together, your way. To see more, please visit IKEA.com

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