Ester is an important chemical intermediate. Acids or acid derivatives are usually prepared by oxidation of aldehydes or alcohols, and then esters are prepared by esterification reaction, but the traditional process is complicated and energy consumption is very high. One‐step oxidative esterification of aldehydes and alcohols to esters is a simple, clean and efficient green synthesis method, which provides new opportunities for the efficient and low‐cost production of esters. For this promising and rapidly developing field, utilizing the latest research results on novel catalysts in recent years is highly desirable. Here, recent advances in the preparation of nonhomogeneous catalysts for the oxidative esterification of aldehydes or alcohols are summarized with a focus on both noble and non‐precious metal catalysts and their reaction mechanisms. Next, new catalytic strategies for future applications of the novel catalyst for this reaction are presented, discussing the advantages of single‐atom catalysts, hydrophobic catalysts, magnetic catalysts, and ionic liquid catalysts. Opportunities and challenges in this field are also highlighted.