PUBLISHER: Grand View Research | PRODUCT CODE: 1554177
PUBLISHER: Grand View Research | PRODUCT CODE: 1554177
The global dark store market size was estimated at USD 15.27 billion in 2023 and is projected to grow at a CAGR of 36.6% from 2024 to 2030. The growing demand for quick and efficient online shopping experiences is driving the growth of the market. Furthermore, the increasing adoption of online shopping, the rise of quick commerce, and ongoing investment in automation and technology by retailers are anticipated to drive the demand for the dark store market. Companies are leveraging sophisticated supply chain networks to ensure that their dark stores are stocked with the right products at the right time. This has been facilitated by the growing availability of real-time data and analytics, which allow for more precise inventory management and demand forecasting.
As real estate in the city centers becomes increasingly expensive, retailers are opting for smaller, strategically located dark stores. These micro-fulfillment centers are designed to optimize delivery times in densely populated urban areas, where customers expect faster delivery. Furthermore, some retailers are experimenting with hybrid models that combine traditional retail with dark store operations. This model allows stores to serve both walk-in customers and online orders from the same location, optimizing inventory management and reducing operational costs. Such factors are driving the demand for dark stores in the marketspace.
Modern consumers expect quick, often same-day delivery. Dark stores are strategically located to reduce delivery times, and meeting this consumer demand is further driving the market growth. For instance, according to a survey conducted by the U.S. Department of Commerce found that around 73% of online shoppers are willing to pay extra for faster delivery options, underscoring the importance of efficient fulfillment networks.
Dark stores allow retailers to optimize their inventory by centralizing order fulfillment, reducing the need for multiple inventories across different locations. This consolidation leads to better stock management and reduced costs associated with overstocking or stockouts. Moreover, retailers are increasingly adopting omnichannel strategies that integrate online and offline channels to provide a seamless shopping experience. Dark stores are a key component of this strategy, enabling retailers to fulfill online orders more efficiently while maintaining in-store inventory for walk-in customers. Such factors are driving the demand for dark stores in the marketspace.
Dark stores are increasingly integrated with last-mile delivery platforms to ensure quick and efficient delivery. Technologies such as route optimization algorithms and real-time tracking are being used to streamline the delivery process. However, dark stores, particularly in urban areas, often face regulatory challenges related to zoning laws and community pushback. As these stores are not open to the public, they can sometimes conflict with local zoning regulations that prioritize retail spaces serving the community.
Global Dark Store Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global dark store market report based on category, age group, distribution channel, and region.