The invention relates to a polystyrene foam plastics recycling regeneration cushion packaging pad and a fabrication method thereof, belongs to the field of the packing material, and mainly solves the problems of the polystyrene foam plastics, the waste paper fiber recycling and the energy conservation and the environmental protection. The recycled polystyrene foam plastics are crushed into particles with 2-10 mm, the waste paper fiber is produced into paper pulp, and water is filtered out naturally, after the paper pulp is evenly mixed with the water-based adhesive diluted with the water according to a certain mass ratio; a die is infused, which is dewatered through pressurization and molded; then drying is performed; and finally the finished product can be obtained through surface finishing. The polystyrene foam plastics recycling regeneration cushion packaging pad and the fabrication method thereof have the advantages that both the polystyrene foam plastics and the waste paper fiber are recycled material, easy to obtain and have low cost; the fabricated cushion packaging pad has light weight and good cushioning property, can fully meet the requirements of product packing and also can be reused; since the adhesive adopts the environmental friendly water-based adhesive, not only the white pollution is greatly reduced, the energy resources and the resources are saved, but also the rejected material can be changed into resources, the development of the cyclic economy can be promoted, and meanwhile, the process is simple and convenient, the implementing is easy, and no pollution is generated.