The geometric phase provides important mathematical insights to understand the fundamental nature and evolution of the dynamic response in a wide spectrum of systems ranging from quantum to classical mechanics. While the concept of geometric phase, which is an additional phase factor occurring in dynamical systems, holds the same meaning across different fields of application, its use and interpretation can acquire important nuances specific to the system of interest. In recent years, the development of quantum topological materials and its extension to classical mechanical systems have renewed the interest in the concept of geometric phase. This review revisits the concept of geometric phase and discusses, by means of either established or original results, its critical role in the design and dynamic behaviour of elastic waveguides. Concepts of differential geometry and topology are put forward to provide a theoretical understanding of the geometric phase and its connection to the physical properties of the system. Then, the concept of geometric phase is applied to different types of elastic waveguides to explain how either topologically trivial or non-trivial behaviour can emerge based on the geometric features of the waveguide. This article is part of the theme issue 'Current developments in elastic and acoustic metamaterials science (Part 2)'.