The rising demand for energy storage systems with high power density, rapid charge/discharge capabilities, and long cycle life has pushed extensive research into advanced materials for supercapacitor applications. There are several materials under investigation, and among these materials, conductive polymer composites have emerged as promising candidates due to their unique combination of electrical conductivity, flexibility, and facile synthesis. This review provides a comprehensive analysis of recent advancements in the development and application of conductive polymer composites for supercapacitor applications. The review begins with an overview of the fundamental principles governing electrical conductivity mechanism, applications of conductive polymers and the specific requirements for materials employed for these devices. Subsequently, it delves into the properties of conductive polymers and the challenges associated with their implementation for supercapacitors, highlighting the limitations of pristine conductive polymers and the strategies employed to overcome these drawbacks through composite formation. In this review, conductive polymer composites and their applications on supercapacitors are explored, and their advantages and disadvantages are discussed. Finally, the electromechanical properties of each conductive polymer composite are elaborated.