In 2026, the domestic engraving knife industry as a whole will show a development trend of clearing low-end production capacity, upgrading high-end products, and accelerating domestic substitution. The industry will completely bid farewell to the low price internal rolling mode and develop towards refinement, specialization, and branding. Engraving knives are mainly divided into two categories: advertising sticker engraving knives and CNC precision engraving knives, widely used in advertising signs, whole house customization, stone processing, new energy nameplates, cultural and creative packaging and other fields. The market demand structure continues to differentiate. At present, traditional high-speed steel ordinary engraving knives are gradually being replaced by coated tungsten steel engraving knives, which are suitable for processing various film materials and plates. PCD polycrystalline diamond superhard engraving knives, with their advantages of long service life and high precision, have become the mainstream choice for large-scale processing of stone, metal, and composite materials. Domestic technology continues to break through, greatly replacing imported products. In the downstream market, the demand for personalized cultural and creative customization, body color modification, safety reflective signs, and whole house customized fine carving continues to grow. At the same time, the popularity of high-speed CNC equipment has put forward higher requirements for the cutting edge accuracy, wear resistance, and batch consistency of engraving knives. The industry competition pattern continues to optimize, and the advantages of core industry clusters in South China, Jiangsu, and Zhejiang are highlighted. Leading enterprises with precision grinding, high-end coating, and non-standard customization capabilities continue to seize the market, while small and medium-sized workshops with outdated processes are being eliminated due to unstable quality and low profits. In terms of channels, online procurement and cross-border expansion have become new growth points, and overseas markets have become increasingly stringent in terms of tool tolerances, packaging, and quality inspection standards, promoting the standardized development of the industry. The current core development trend in the industry is the transformation of general consumables into specialized cutting tools, with a significant premium for customized blade angles and blade tip arcs for different materials. At the same time, green and environmentally friendly production processes have become the entry threshold for the industry. Although laser marking has diverted some of the hard nameplate processing market, mechanical engraving knives still have irreplaceability in the cutting scene of flexible film materials. Overall, industry opportunities are concentrated in the localization of high-end superhard cutting tools, non-standard customization, and cross-border brand expansion, while fluctuations in raw material prices and low-end price wars remain the main development risks for the industry.
