Provided is a forming device for cylindrical reconstituted bamboo lumber. A mold of the forming device is composed of an upper formwork (7), a lower formwork (25) and end covers (18). A cylindrical cavity is formed by the upper formwork (7), the lower formwork (25) and the end covers (18) in a surrounded mode. A square window with the width being D and the length being larger than or equal to L is formed in the upper formwork, guiding plates (10 and 11) are arranged on the two long sides of the square window correspondingly, the distance between the inner walls of the two guiding plates is D, an arc pressing plate (9) is arranged between the two guiding plates, and a vertical feeding channel is jointly formed by the two guiding plates and the arc pressing plate. A driving roller set (6) inclining towards the square window is mounted above the mold, and a material pressing system is composed of a motor (21), a transmission part thereof and the arc pressing plate (9). A method for producing the cylindrical reconstituted bamboo lumber includes the first step of manufacturing triangular bamboo splits, the second step of drying, gluing and re-drying, the third step of mounting special equipment, the fourth step of feeding, the fifth step of pressing, the sixth step of solidifying and the seventh step of demolding and discharging. By means of the device and method for producing the cylindrical reconstituted bamboo lumber, raw bamboo is saved, the density is low and uniform, pressure is small, stability is good, and production cost is low.