Ultra-high molecular weight polyethylene fiber plain woven fabric reinforced line-low-density polyethylene composites with different matrix volume fraction were prepared. The interfacial bonding strength and the impact property of the laminates were investigated. The experiment results revealed that the sample with a matrix volume fraction 14% showed better impact properties than other ones, while the interface bonding strength continued to drop when the matrix volume fraction was decreased. It is also indicated that in high fiber interface bonding strength, the impact resistance of the laminate would grow by decreasing the interface bonding strength. However, when the interface bonding strength was lower than the threshold, there would be an opposite effect.