The invention discloses a method for preparing air-laying cellucotton and cellucotton produced by the method. Taking low melting point fibers and other fibers as raw material, the cellucotton is produced by rough shape cutting, coarse opening, fine opening, air laying, hot binding and parting cut packaging, wherein the air laying is as follows: the loose fibers which are distributed evenly in a cotton box after fully mixed by the fine opening are further mixed by airflow and delivered by pressurized airflow to between the net forming curtain and the net forming roller to be formed into a required retiform structure. The preparing process has wide range of material selection, is suitable for not only all the raw materials adopted in the prior process, but also the plant fiber widely existing in the natural world which are not used in the prior art such as couch grass, reed, cornstock, straw and bagasse as raw materials, and the waste materials such as wood wool, crushed sponge and wool manufacturing crushed aggregates to reuse and regenerate; in addition, the preparing process has high production efficiency and low energy consumption, and produces the cellucotton with great improvement in the performance, thereby being applied to wider fields.