A display panel and a display apparatus are provided. An exemplary display panel includes a flexible display substrate; and a protective member covering a surface of the flexible display substrate. The protective member includes a first protective layer and a protective sealant; and a sidewall surface of the first protective layer adjacent to the protective sealant includes at least one first groove member. The first protective sealant and the first groove member clutch with each other; the display panel includes a first non-folding region and a folding region; the first protective layer is disposed in the first non-folding region; and the protective sealant is disposed in the folding region.