The maximum amount of lateral formwork pressure exerted by self-compacting concrete is essential to design a technically correct, cost-effective, safe, and robust formwork. A common practice of designing formwork is primarily based on using the hydrostatic pressure. However, several studies have proven that the maximum pressure is lower, thus potentially enabling a reduction in the cost of formwork by, for example, optimizing the casting rate. This article reviews the current knowledge regarding formwork pressure, parameters affecting the maximum pressure, prediction models, monitoring technologies and test setups. The currently used pressure predicting models require further improvement to consider several pressures influencing parameters, including parameters related to fresh and mature material properties, mix design and casting methods. This study found that the maximum pressure is significantly affected by the concretes’ structural build-up at rest, which depends on concrete rheology, temperature, hydration rate and setting time. The review indicates a need for more in-depth studies.