The invention discloses a preparation method of a molded pulp plastic packaging material, and belongs to the technical field of packaging materials. The molded pulp plastic packaging material is prepared through the following steps: soaking a waste single-face corrugated board in deionized water, crushing, pulping, washing to remove impurities, adding into the deionized water to prepare a pulp suspension solution, taking a land plaster as a raw material, doping with aluminum chloride to obtain a compound gypsum crystal whisker, gelatinizing a corn starch, compounding the corn starch with span-80 and tween-60 to prepare a compound emulsifier, modifying rosin through the compound emulsifier, cationic polyacrylamide and polyvinyl alcohol, finally mixing the pulp suspension solution, the compound emulsifier and a modified rosin size, filtering water, forming, demolding, reshaping through hot pressing. According to a prepared molded pulp, a size film is generated on the surface of a paper film through the compound gypsum crystal whisker and the modified rosin size, so that the moisture content of a wet green is reduced, the structure strength of the wet green is improved, the tearing phenomenon easily occurring in the demolding process is avoided, and the rate of finished products is increased.