The invention discloses a low-density and low-shrinkage-rate silver metal texture polypropylene composite material and a preparation method thereof. The polypropylene composite material comprises high-crystallized polypropylene, high-melt-value polypropylene, low low-shrinkage-rate polypropylene, hollow glass beads, ultra-white and ultra-fine talcum powder, toughening fillers, metal pigments, nano-zinc sulfide, hyperbranched resin, antioxidants and scratch-resistant agents. In the injection molding process of the free-spraying polypropylene composite material, obvious welding marks on the surface of the material are omitted, the appearance of the material approaches to spraying effects, components can be directly used, later spraying treatment is omitted, cost is saved, the material is green and environmentally friendly, the density of the material is much lower than that of common modified polypropylene, lightweight requirements of clients are met, the shrinkage rate of the material is lower than 0.5, the material can directly replace ABS (acrylonitrile butadiene styrene) in the field such as household electric appliance shells, secondary mold opening is omitted, and cost is saved.