PyPI packages not in the standard library:

• virtualenv is a very popular tool that creates isolated Python environments for Python libraries. If you’re not familiar with this tool, I highly recommend learning it, as it is a very useful tool.

  It works by installing a bunch of files in a directory (eg: env/), and then modifying the PATH environment variable to prefix it with a custom bin directory (eg: env/bin/). An exact copy of the python or python3 binary is placed in this directory, but Python is programmed to look for libraries relative to its path first, in the environment directory. It’s not part of Python’s standard library, but is officially blessed by the PyPA (Python Packaging Authority). Once activated, you can install packages in the virtual environment using pip.

• pyenv is used to isolate Python versions. For example, you may want to test your code against Python 2.7, 3.6, 3.7 and 3.8, so you’ll need a way to switch between them. Once activated, it prefixes the PATH environment variable with ~/.pyenv/shims, where there are special files matching the Python commands (python, pip). These are not copies of the Python-shipped commands; they are special scripts that decide on the fly which version of Python to run based on the PYENV_VERSION environment variable, or the .python-version file, or the ~/.pyenv/version file. pyenv also makes the process of downloading and installing multiple Python versions easier, using the command pyenv install.
• pyenv-virtualenv is a plugin for pyenv by the same author as pyenv, to allow you to use pyenv and virtualenv at the same time conveniently. However, if you’re using Python 3.3 or later, pyenv-virtualenv will try to run python -m venv if it is available, instead of virtualenv. You can use virtualenv and pyenv together without pyenv-virtualenv, if you don’t want the convenience features.
• virtualenvwrapper is a set of extensions to virtualenv (see docs). It gives you commands like mkvirtualenv, lssitepackages, and especially workon for switching between different virtualenv directories. This tool is especially useful if you want multiple virtualenv directories.
• pyenv-virtualenvwrapper is a plugin for pyenv by the same author as pyenv, to conveniently integrate virtualenvwrapper into pyenv.
• pipenv aims to combine Pipfile, pip and virtualenv into one command on the command-line. The virtualenv directory typically gets placed in ~/.local/share/virtualenvs/XXX, with XXX being a hash of the path of the project directory. This is different from virtualenv, where the directory is typically in the current working directory. pipenv is meant to be used when developing Python applications (as opposed to libraries). There are alternatives to pipenv, such as poetry, which I won’t list here since this question is only about the packages that are similarly named.

Standard library:

• pyvenv (not to be confused with pyenv in the previous section) is a script shipped with Python 3.3 to 3.7. It was removed from Python 3.8 as it had problems (not to mention the confusing name). Running python3 -m venv has exactly the same effect as pyvenv.
• venv is a package shipped with Python 3, which you can run using python3 -m venv (although for some reason some distros separate it out into a separate distro package, such as python3-venv on Ubuntu/Debian). It serves the same purpose as virtualenv, but only has a subset of its features (see a comparison here). virtualenv continues to be more popular than venv, especially since the former supports both Python 2 and 3.

Source: How to Use Different Python Versions with Virtualenv | Saturn Cloud Blog