As a number of comments have noted, there are a bunch of different axes that chroot could be 'better' on - e.g. security and sandboxing.
I wrote https://github.com/aidanhs/machroot (initially forked from bubble wrap) a while ago to lean into the pure "pretend I see another filesystem" aspect of chroot with additional conveniences (so no security focus). For example, it allows setting up overlay filesystems, allows mounting squashfs filesystems with an overlay on top...and because it uses a mount namespace, means you don't need to tear down the mount points - just exit the command and you're done.
The codebase is pretty small so I just tweaked it with whatever features I needed at the time, rather than try and make it a fully fledged tool.
(honestly you can probably replicate most of it with a shell script that invokes unshare and appropriate mount commands)
I wrote https://github.com/aidanhs/machroot (initially forked from bubble wrap) a while ago to lean into the pure "pretend I see another filesystem" aspect of chroot with additional conveniences (so no security focus). For example, it allows setting up overlay filesystems, allows mounting squashfs filesystems with an overlay on top...and because it uses a mount namespace, means you don't need to tear down the mount points - just exit the command and you're done.
The codebase is pretty small so I just tweaked it with whatever features I needed at the time, rather than try and make it a fully fledged tool.
(honestly you can probably replicate most of it with a shell script that invokes unshare and appropriate mount commands)