A touch panel including a capacitance touch structure and a pressure sensing touch structure is provided. The pressure sensing touch structure includes a first conductive film, a second conductive film, an electric field generator and a spacer structure. The spacer structure is disposed between the first conductive film and the second conductive film. The spacer structure includes a plurality of insulating spacers, a plurality of conductive spacers and a soft medium. The plurality of the conductive spacers and the plurality of the insulating spacers are alternately distributed in the soft medium. The plurality of the conductive spacers and the second conductive film are separated by a gap distance by the plurality of the insulating spacers.