A display panel includes a substrate, a light emitting layer, a packaging layer, a plurality of lens elements and a transparent layer. The transparent layer is disposed on the side of the packaging layer away from the light emitting layer, at least a portion of the transparent layer is disposed between adjacent lens elements, and a projection of the transparent layer on the substrate overlaps at least partially with a projection of the light emitting unit on the substrate. The lens element has a side surface in contact with the transparent layer, and a refractive index of the lens element at the side surface is smaller than a refractive index of the transparent layer.