The invention discloses a composition and a preparation method for high-elasticity wear-resistant foaming materials, wherein the composition comprises, by mass, 20-65 parts of a polyether type polyurethane rubber, 20-65 parts of an ethylene-vinyl acetate copolymer, 7-18 parts of a polyolefin thermoplastic elastomer, 3-8 parts of a polybutadiene rubber, 5-15 parts of ethylene propylene diene monomer, 5-10 parts of a reinforcing agent, 0.3-1 part of a coupling agent, 1.0-2.0 parts of zinc oxide, 0.5-1.0 part of stearic acid, 0.8-1.5 parts of zinc stearate, 0.5-1.5 parts of a cross-linking aid, 1.0-2.5 parts of a vulcanizing agent, and 1.5-3.5 parts of a foaming agent. The preparation method mainly comprises: two mixing, granulation, and foaming. According to the present invention, by adopting the technical scheme, the obtained foaming material product has advantages of small density, softness, wear resistance, excellent anti-cussion performance, good elasticity, compression resistance, small compression deformation and folding deformation resistance.