This application discloses a privacy film and a film-forming device, belonging to the field of display technology. The privacy film includes: a first transparent layer, a second transparent layer, and multiple light-shielding strips; the first and second transparent
layers are stacked, and multiple carrier cavities are formed between the first and second transparent
layers, with each light-shielding strip corresponding to one of the carrier cavities, and the light-shielding strips located within their respective carrier cavities; wherein, the modulus of the light-shielding strips is greater than the modulus of the first transparent layer, and the modulus of the light-shielding strips is greater than the modulus of the second transparent layer. This application allows for a thinner privacy film, which is beneficial for the
miniaturization of display devices.