As pointed out in the comments of this answer to a similar question, switched capacitor DC-DC converters, such as one built around an LTC7820, can be extremely efficient (99% efficiency claimed in that datasheet) and can handle relatively high power (500 W claimed in the same datasheet).
The main disincentives to switched capacitor DC-DC converters have been
the cost of storing energy in a large peak-energy capacitor, versus storing the same energy in a large peak-energy inductor,
the physical bulk of large peak-energy capacitors
the limited lifespan of electrolytic capacitors
the inability of switched capacitors to efficiently convert DC to DC at ratios other than the ratio of small integers. One cannot smoothly adjust the output voltage of such a switched capacitor DC-DC converter, without a loss in efficiency.
The cost/benefit analysis for capacitors as energy storage devices, however, has shifted somewhat due to the development of super-capacitors.
The bulk of super-capacitors is smaller than previous generation capacitors and their lifespan is longer than electrolytics. Unfortunately they are still quite expensive.