Metal halide perovskite materials have emerged as promising candidates for next-generation optoelectronic applications owing to their outstanding optical properties and tunable emission characteristics. However, their practical application is hindered by poor environmental stability, especially under conditions of heat, moisture, and UV exposure, necessitating effective encapsulation strategies. This review summarizes recent progress in enhancing the environmental stability of perovskite nanocrystals through polymer matrix embedding, inorganic oxide encapsulation, and compositionally matched core-shell structures using homogenous perovskite derivatives. We discuss how polymers enhance the environmental and moisture stability of perovskite nanocrystals, how oxide-based shells (e.g., SiO₂, TiO₂) contribute to thermal robustness and barrier protection, and how homostructural core-shells provide lattice-matched defect passivation with improved long-term durability. A comprehensive understanding of the advantages and limitations of each encapsulation strategy, along with their rational integration, can accelerate the commercialization of perovskite-based technologies in various applications such as highcolor- purity displays, color conversion filters, and flexible optoelectronic devices.