As suggested by Ewelina and since she herself is Scandinavian she helped us out with the definition:
Scandinavian Design: is synonym to simplicity and elegance. It is a style greatly influenced by the Modernist & Bauhaus movements and characterized by functionality and affordable mass production without sacrificing quality or eliminating grace and beauty (IKEA is an excellent example). It is said that long winters and few hours of sunlight inspired Scandinavian designers to create bright, light and practical environments with clean lines. Scandinavian Design makes use of a lot of form-pressed wood and light woods as indigenous timber are in abundance. Famous Scandinavian designers include: Verner Panton, Arne Jacobsen, Eero Aarnio, Alvar Aalto and Eero Saarinen.
Check out Ewelina’s really cool design blog: here