A flexible display according to one embodiment of the present invention may comprise: a substrate divided into M*N pixel regions and peripheral regions defined as regions between the pixel regions; a light emitting unit disposed in each of the M*N pixel regions and including a first electrode, a second electrode, and an organic light emitting layer disposed between the first and second electrodes; and an encapsulation layer which encapsulates the light emitting unit, and divides and independently encapsulates the M*N pixel regions.