A display panel includes a display substrate and an encapsulation layer. The display substrate includes: a base substrate; and a plurality of light-emitting devices disposed on the base substrate, the plurality of light-emitting devices being configured to emit light. The encapsulation layer is located on a side of the light-emitting devices away from the base substrate, and is configured to encapsulate the light-emitting devices. The encapsulation layer includes: a second encapsulation layer located on the side of the light-emitting devices away from the base substrate, and made of a silicon nitride material; and a third encapsulation layer located on a side of the second encapsulation layer away from the light-emitting devices, and made of a silicon carbonitride material or a silicon carbide material.