The invention relates to a method for manufacturing wood plastic composite material by using plant straw and waste plastics and materials thereof. Polyester and plant wood fiber materials such as sawdust, bamboo powder, rice hull, straw, and the like, are mixed according to certain ratios, a tailor-made additive is added, and after the processes of high temperature, extrusion, molding, and the like, the composite building profile is manufactured. The wood plastic material can replace wood, plastics, and the like, and is mainly used in the industries of packaging, building materials, furniture, logistics, and the like. The invention has simple processing technology, and the product has good processing properties and strength property, good water proof and corrosion resistant property and adjustability, the materials have wide sources and applications, especially the plant straw and waste plastics which contain waste mulch film and are recovered under the northern planting pattern of mulch film can be used for production, thus using the waste and restraining the current pollution of the mulch film planting to the lands effectively.