Composite materials have an ever-increasing demand for their application in numerous applications such as aerospace, automobile, petroleum, etc. These materials vary according to their chemical composition, properties, manufacturing techniques, etc. Natural fiber-reinforced composites are the composites where natural fibers such as plant, animal, and mineral fibers are used as reinforcement material. Reinforcement of these fibers yields composite material with extensive properties such as high strength, durability, reliability, etc. These properties lead them to commercial applications in several areas. Therefore, this paper describes various characteristics of the matrix, reinforcement, and resin used for natural fiber composite materials. Also, multiple parameters that affect the growth of these composites are investigated. The tribological behavior of natural fiber composites is focused mainly on friction, wear, and lubrication. Furthermore, the material's mechanical performance and metallurgical behavior are also given significant importance. These materials’ application in various fields is explored separately, and multiple conclusions are drawn.