IKEA (/aɪˈkiːə/ eye-KEE-ə, Swedish: [ɪˈkêːa]) is a multinational conglomerate founded in Sweden that designs and sells ready-to-assemble furniture, household goods, and various related services.
IKEA was started in 1943 by Ingvar Kamprad, and has been the world's largest furniture retailer since 2008. The brand name is an acronym of the initials of the names of Ingvar Kamprad, the founder, Elmtaryd, the family farm where Kamprad was born, and Agunnaryd, Kamprad's hometown in Småland, southern Sweden.