The invention discloses a wrapping paper compounding machine. The wrapping paper compounding machine comprises a base, wherein a roll material slip resisting device, a compounding device, a defoaming device and a material collecting device are arranged on the base; mounting seats are symmetrically arranged at four corners of the base through connecting plate seats; each mounting seat comprises a seat body and a caster connecting block; each connecting plate seat comprises a connecting part and a connecting plate body, the upper end of the connecting part is fixedly connected with the base, the lower end of the connecting part is connected with the corresponding mounting seat through a bolt, the seat body of the corresponding mounting seat and the connecting plate body of the connecting plate seat are overlapped when assembled, and a cushioning assembly is arranged between the connecting plate body and a treadmill base. The distance between an upper compounding roller and a lower compounding roller of the compounding device can be adjusted conveniently, so that the compounding effect is adjusted, the operation is simple, the machine can be cranked easily by one person, time and labor are saved, bubbles in a compound film can be eliminated effectively, and a finished material product is guaranteed.