Forbo Flooring Systems is implementing a 5% to 9% price increase on all flooring products, effective with orders placed on or after April 1, 2021.
The increase comes after a significant increase in raw material, energy and transportation costs. Updated price lists will be available by March 1, 2021.
Forbo Flooring Systems is a leader in commercial floor covering solutions. Marmoleum, its flagship brand, owns a global linoleum market share of over 60% while Flotex dominates the rapidly growing flocked flooring market with over 90% global market share, according to the company.
In addition to linoleum-based products, the company develops, manufactures and markets a diversity of high-quality vinyl and textile floor coverings and Coral & Nuway entrance system solutions. The company also offers a full range of professional service products.
All Forbo products aim to combine high levels of functionality and durability. Forbo Flooring Systems is committed to environmentally responsible production, sustainable practices throughout its global operations and to far-reaching customer service, the company said.
The announcement is just one of many in recent months. Several flooring companies have raised or plan to raise prices on select resilient and soft surface flooring products in the coming months. Mohawk, Shaw, Armstrong, Mannington and Republic Floors, to name a few, have all increased prices on a variety of products citing significant increases in raw materials and transportation costs.
