The present disclosure provides a touch display panel and a display device. The touch display panel includes: a base substrate; a display structure layer arranged at a side of the base substrate, and having a plurality of pixels; a touch structure layer arranged at a side of the display structure layer away from the base substrate, and comprising a plurality of touch openings exposing the plurality of pixels; and a reflection reducing structure layer arranged at a side of the touch structure layer away from the display structure layer, and comprising a first insulation layer, a first light absorption layer and a second insulation layer that are laminated; the first light absorption layer comprises a plurality of first light absorption patterns corresponding to the touch openings, and orthographic projections of the touch openings on the base substrate cover orthographic projections of the first light absorption patterns on the base substrate.