Building shape-stable phase change materials (PCMs) are crucial for their practical applications. Particularly, it is vital to utilize renewable/recyclable biomass media as the support material of form-stable PCMs. In this review article, we summarized the recent developments for building form-stable PCMs consisting of wood as a supporting material, either carbonized wood or wood composites. Moreover, the electrothermal conversion and photothermal conversion of form-stable PCMs based on carbonized wood are also demonstrated. In addition, the current technical problems and future research developments of wood-based PCMs are discussed, especially the leakage problem of PCMs during the phase change transition process. All of this information will be helpful for the in-depth understanding and development of new PCMs suitable for wide application perspectives.