IKEA began in 1943 as a mail-order business in Älmhult, Sweden, founded by Ingvar Kamprad, and later grew into a global home furnishing brand. The company designs and sells ready-to-assemble furniture, household goods, and related services for homes and businesses. IKEA's business also includes planning, interior design, delivery, assembly, and other support services, along with food offerings in its retail format. The company operates through a franchise-based retail system and maintains a broad international market presence centered on affordable, functional home furnishing solutions.