The invention discloses a preparation device and method of a composite down-like thermal insulation material. The preparation device comprise a base, wherein a pushing device, a drying rack and a feeding device are arranged on the upper surface of the base, the drying rack is positioned between the pushing device and the feeding device, a movable rack is slidably arranged on the upper surface of the base, and the movable rack is positioned between the pushing device and the drying rack; the pushing device drives the movable rack to move back and forth, an exhaust pipe is driven to rotate backand forth, meanwhile, a heating fan blows hot air to the exhaust pipe, and the exhaust pipe finally blows hot air to the surface of a down-like material, so that the purposes of uniform heating and over-heating prevention are achieved; when the material is transported, workers only need to place the down-like material on a base plate, then move the base plate to a corresponding position, push thepush plate to enable the material to stably move forwards to the drying rack, and toppling does not occur in the whole process; and the elastic recovery capability is high, the bulkiness is good, thecost control is low, and the preparation device is widely applied to the fields of filling and the like.