Carbon-intensive industries must deem carbon capture, utilization, and storage initiatives to mitigate rising CO2 concentration by 2050. A 45% national reduction in CO2 emissions has been projected by government to realize net zero carbon in 2030. CO2 utilization is the prominent solution to curb not only CO2 but other greenhouse gases, such as methane, on a large scale. For decades, thermocatalytic CO2 conversions into clean fuels and specialty chemicals through catalytic CO2 hydrogenation and CO2 reforming using green hydrogen and pure methane sources have been under scrutiny. However, these processes are still immature for industrial applications because of their thermodynamic and kinetic limitations caused by rapid catalyst deactivation due to fouling, sintering, and poisoning under harsh conditions. Therefore, a key research focus on thermocatalytic CO2 conversion is to develop high-performance and selective catalysts even at low temperatures while suppressing side reactions. Conventional catalysts suffer from a lack of precise structural control, which is detrimental toward selectivity, activity, and stability. Core-shell is a recently emerged nanomaterial that offers confinement effect to preserve multiple functionalities from sintering in CO2 conversions. Substantial progress has been achieved to implement core-shell in direct or indirect thermocatalytic CO2 reactions, such as methanation, methanol synthesis, Fischer-Tropsch synthesis, and dry reforming methane. However, cost-effective and simple synthesis methods and feasible mechanisms on core-shell catalysts remain to be developed. This review provides insights into recent works on core-shell catalysts for thermocatalytic CO2 conversion into syngas and fuels.