A stretchable display module and a manufacturing method thereof are provided. The stretchable display module includes a display layer including a plurality of display islands arranged and spaced apart from each other, wherein two of the adjacent display islands are electrically connected by a connecting wire; a transparent adhesive layer including a filling adhesive layer filled in a spacing region between the display islands, a first adhesive layer disposed on a surface of the display layer opposite an emitting direction of the display layer, and a second adhesive layer disposed on a surface of the display layer in the emitting direction.