The invention relates to a touch panel and a manufacturing method thereof. The touch panel comprises a cover plate, a color changing layer, and a light shielding layer. The cover plate is provided with a non-visual region. The color changing layer is arranged on one surface of the cover plate, and is on the non-visual region. The light shielding layer is arranged on one side of the color changing layer, far away from the cover plate, so that the color changing layer can show different colors with different observation angles. The touch panel can change colors with variations of vision angles, so color changing of the touch panel does not need to perform in a specific condition, and color changing has little dependence on external conditions.