The invention discloses wearable equipment based on a composite phase change material and a production method of the wearable equipment. The production method incudes: preparing the composite phase change material, performing microencapsulation on the composite phase change material, performing microcapsule formaldehyde removing, performing cellular board encapsulation and performing fiber cloth and silk encapsulation. The production method has the advantages that the composite phase change material prepared by the eutectic mixture of two organic phase change materials as the core material, melamine-formaldehyde prepolymer is allowed to have polymerization reaction with an emulsion so as to perform microcapsule wrapping on the core material, microcapsules are loaded into a polyester fiber cellular board to increase the pressure resistance of the microcapsules so as to prevent the deformation and leakage of the microcapsules, the finally obtained wearable equipment is a polyester fiber cellular board sleeved with fiber cloth and silk, the phase-change-material microcapsules are loaded into the holes of the cellular board, and the microcapsules use melamine resin generated by melamine and formaldehyde as the wall material and the composite phase change material as the core material and is high in phase change latent heat, stable in chemical performance, non-corrosive and capable of achieving zero energy consumption when being used in a high-temperature environments in summer.