The invention relates to the technical field of plastic product recovery, in particular to a plastic product and hardware recovery device and an operation method thereof. According to the plastic product and hardware recovery device and the operation method thereof, the plastic product and hardware recovery device comprises a rack, cushion blocks, ejector blocks, a pull shaft, a power source, a controller, a pull block and a pull rod assembly. The matching part of a pull rod is matched with hardware in a plastic product, the recovery device is started, the pull block drives the pull rod to move upwards through a clamping barrel, the matching part of the pull rod retracts into the clamping barrel, the clamping barrel abuts against the surface of the plastic product around the hardware, the pull rod continues to move upwards, and therefore the hardware is pulled out of the plastic product so that the hardware can be located in a containing groove, the plastic product falls off, the hardware is taken down from the matching part, and recovery of the hardware and the plastic product is completed.