The Parisian club has now secured the prestigious cup on 14 separate occasions.
The Parisian giants required a dramatic leveler followed by a successful penalty shootout to overcome their arch-rivals in Kuwait and secure a fourth straight French Super Cup title.
The European champions seemed to be coasting towards a comfortable win in the match featuring the French league winners and the Coupe de France winners after the French winger found the scoring early on.
Yet, the southern French side struck twice in the closing moments to seize a surprise lead. Initially, Mason Greenwood converted from the penalty spot, before Willian Pacho inadvertently directed the ball into his own net for an own goal.
In a remarkable turn of fortune, Goncalo Ramos grabbed a crucial leveler in the final moments to send the match into a deciding shootout. The Parisian shot-stopper Chevalier then stood as the key figure, saving crucial kicks from Matt O'Riley and Hamed Traore.
From the spot, Goncalo Ramos, the midfielder, Nuno Mendes, and the young talent all converted successfully for PSG to complete a 4-1 shootout win.
Now 14-time winners PSG, who met last season's Ligue 1 runners-up Marseille after achieving a domestic double, have now lifted this competition for the 12th time in the last 13 years.