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Mangrove ecosystems provide critical goods and ecosystem services to coastal communities and contribute to climate change mitigation. Over four decades, remote sensing has proved its usefulness in monitoring mangrove ecosystems on a broad scale, over time, and at a lower cost than field observation. The increasing use of spectral indices has led to an expansion of the geographical context of mangrove studies from local-scale studies to intercontinental and global analyses over the past 20 years. In remote sensing, numerous spectral indices derived from multiple spectral bands of remotely sensed data have been developed and used for multiple studies on mangroves. In this paper, we review the range of spectral indices produced and utilised in mangrove remote sensing between 1996 and 2021. Our findings reveal that spectral indices have been used for a variety of mangrove aspects but excluded identification of mangrove species. The included aspects are mangrove extent, distribution, mangrove above ground parameters (e.g., carbon density, biomass, canopy height, and estimations of LAI), and changes to the aforementioned aspects over time. Normalised Difference Vegetation Index (NDVI) was found to be the most widely applied index in mangroves, used in 82% of the studies reviewed, followed by the Enhanced Vegetation Index (EVI) used in 28% of the studies. Development and application of potential indices for mangrove cover characterisation has increased (currently 6 indices are published), but NDVI remains the most popular index for mangrove remote sensing. Ultimately, we identify the limitations and gaps of current studies and suggest some future directions under the topic of spectral index application in connection to time series imagery and the fusion of optical sensors for mangrove studies in the digital era.