Plastics are widely used in daily lives, but unfortunately, their inadequate recycling practices have led to the accumulation of microplastics in the environment, posing a threat to public health. The existing methods for treating microplastics are energy‐intensive and environmentally damaging. In this context, photoreforming has emerged as a sustainable solution to address the microplastic crisis by simultaneously recycling them into value‐added chemicals. This review presents a comprehensive overview of the application of photoreforming for upcycling microplastic. The underlying mechanisms of photoreforming reaction are discussed, followed by the exploration of recent advancements and innovative strategies in photoreforming techniques with particular emphasis on their real‐world applications and potential for large‐scale implementation. Also, critical factors influencing the efficiency of microplastic photoreforming are identified, providing guidance for further research and optimization.