The invention provides a recovery device for material belt waste. The recovery device can be seamlessly matched with a production line of a punching machine; the collection efficiency is high; and an occupied space of the collected material belt waste is small. The device structurally comprises a material receiving roll, wherein the material receiving roll is driven by a motor; a motor trigger is arranged in a feeding direction of the material receiving roll, and comprises a supporting rod, an upper triggering rod and a lower triggering rod; the upper triggering rod is electrically connected with a stopping switch of the motor; the lower triggering rod is electrically connected with a start switch of the motor; the upper triggering rod and the lower triggering rod are in rod structures; one end of each of the upper triggering rod and the lower triggering rod is fixedly connected with the supporting rod; and the other ends of the upper triggering rod and the lower triggering rod are horizontally hung. According to the recovery device for the material belt waste, the front of the material belt waste is just loaded on the material receiving roll at the beginning of punching, so that automatic recovery of the material belt waste in a punching process can be realized; seamless matching with the production line of the punching machine can be realized; the collected waste is automatically coiled; the collection efficiency is high; and the occupied space of the collected material belt waste is small.