Plastic waste is generated in large quantities globally, and its disposal poses significant environmental challenges as it is non-biodegradable and can persist in the environment for hundreds of years. It is estimated that over 8 million tons of plastic waste end up in our oceans every year. Biodegradation is an eco-friendly approach to managing plastic waste as it does not result in the formation of toxic byproducts. Types of plastic waste, degradation methods, and different microorganisms impacting biodegradation are discussed in this review. Overall, microbial bioremediation has the potential to provide an eco-friendly solution to the problem of plastic waste, and recent advances in this field have shown promising results. However, further research is needed to optimize bioremediation processes and to develop new microorganisms that can efficiently degrade and transform plastic waste.