The invention discloses degradable environment-friendly PE (polyethylene) film blowing equipment for shoe and clothing packaging. The equipment comprises a base, a box body arranged on the base, a support frame arranged on the base, an extruder arranged on the base, a recycling box connected with the extruder and a film rolling mechanism, a film blowing machine head, an air inlet end and a cooling air ring are arranged on the box body, and the support frame is arranged on the outer side of the box body. The extruder is provided with a conveying pipe connected with the extruder and the film blowing machine head, the recycling box is provided with a recycling pipe connected to a conveying pipe, the film rolling mechanism comprises a first film rolling roller, a second film rolling roller, a third film rolling roller and a first driving device, the first film rolling roller is arranged on the top of the supporting frame, and the second film rolling roller and the third film rolling roller are arranged on one side of the base. The third film rolling roller is connected with a first driving device. According to the invention, the recycling box is arranged, so that the extruded materials of the extruder can be recycled through the recycling box when production is required to be stopped or changed, waste of plastic raw materials is avoided, and the extruded materials in the extruder can be prevented from blocking the extruder after shutdown.