Production equipment for water-based ecological synthetic leather comprises an unwinding device, a deviation correcting device, a storage device, an ironing device, a cloth pressing device, a blade coating device, a first coating device, a first drying box, a press roller device, a first air cooling device, a printing device, a gluing device, a second coating device, a second drying box, a third drying box, an edge cutting press roller device, a knurling device, a second air cooling device and a winding device, and is characterized in that the unwinding device is sequentially connected with the deviation correcting device, the storage device, the ironing device, the cloth pressing device, the blade coating device, the first coating device, the first drying box, the press roller device, thefirst air cooling device, the printing device and the gluing device. A product produced through the production equipment has the beneficial effects of being soft in hand feeling, good in stripping fastness, high in adhesive force and the like; and various kinds of water-based multifunctional synthetic leather of different properties and purposes can be made by selecting water-based polyurethane of different moduli and multifunctional finishing agents of different kinds or combinations.