Since the initial discovery of Ti3C2 a decade ago, there has been a significant surge of interest in 2D MXenes and MXene‐based composites. This can be attributed to the remarkable intrinsic properties exhibited by MXenes, including metallic conductivity, abundant functional groups, unique layered microstructure, and the ability to control interlayer spacing. These properties contribute to the exceptional electrical and mechanical performance of MXenes, rendering them highly suitable for implementation as candidate materials in flexible and wearable energy storage devices. Recently, a substantial number of novel research has been dedicated to exploring MXene‐based flexible materials with diverse functionalities and specifically designed structures, aiming to enhance the efficiency of energy storage systems. In this review, a comprehensive overview of the synthesis and fabrication strategies employed in the development of these diverse MXene‐based materials is provided. Furthermore, an in‐depth analysis of the energy storage applications exhibited by these innovative flexible materials, encompassing supercapacitors, Li‐ion batteries, Li–S batteries, and other potential avenues, is conducted. In addition to presenting the current state of the field, the challenges encountered in the implementation of MXene‐based flexible materials are also highlighted and insights are provided into future research directions and prospects.