Experts say the global modular market is just under $85bn. They expect the sector to grow at a CAGR of 6.4% until 2028.
The cliche of only construction sights using office modular buildings is long over. Businesses from several sectors are heavily investing in modular buildings due to their efficiency, productivity, and safety. These are just a few of the many benefits of modular business buildings.
So, let’s dive into the top advantages of commercial modular buildings.
Manufacturers construct modular office buildings in a controlled environment. This helps protect the building materials from outdoor elements during the manufacturing process.
Skilled traders can build high-quality office modular buildings at lightning speed.
Of course, these offices comply with the same building code standards as traditional offices and commercial buildings. Safety is still a top priority when it comes to modular offices. They use the same building materials as standard construction methods.
Cost and Time Savings
Modular office options suit various budgets and timeframes. Businesses can order temporary or permanent structures based on their needs. Portable buildings are also resource-efficient.
The streamlined designs allow for less labor and materials. This equates to lower costs.
Plus, as mentioned, modular buildings take less time to construct. Modest estimates say modular office buildings take 25% less time to build. Other industry reports say this number is upwards of 30-50%.
Without lengthy building schedules, you remove the inflated costs of traditional construction. For example, some modular offices can be functional within a day after site preparation.
Not to mention, there is a tax advantage of 7-year depreciation versus 39 years with standard construction.
Flexible, Sustainable, and Versatile
Businesses can easily customize prefabricated modular offices. While many think of a modular office as a small building, it can span more than 100,000 square feet and have multiple floors. For expanding businesses, this is ideal.
It’s easy to add additional office space without investing in expensive renovations. Adding more space won’t interrupt your business since manufacturers premake all the materials.
Modular offices can also blend in nicely with the surrounding environment using different building materials.
Modular offices also accommodate spaces with bathrooms, breakrooms, and kitchens. So you don’t have to skip any of the standard office amenities.
A modular building for any business is possible. Some common examples include:
- Church portables
- Classroom and school portables
- Cleaning or bathrooms
- Daycare facilities
- Guard shacks
- Medical clinics
- Office spaces
- Portable shelters
- Retail spaces
- Ticket booth portables
Modular building companies can re-purpose or relocate the buildings too. Relocation only comes with a minor fee. If a business no longer needs office space, the companies can use the materials in another project.
The entire lifecycle of a modular building is sustainable and better for the environment.
Office Modular Buildings for Your Business
Businesses from various industries see the benefits of office modular buildings more and invest in these spaces. It’s time to think about the same for your business.
To get a free quote on a modular office building, contact us at Alternative Building Solutions. We offer more than 20 years of experience with superb customer service.