Remember those paint ads on television with two neighbours and their houses? One of them, of course, had the better house because of the paint while the other had a dull, unappealing look. Something similar happens when we compare prefabricated/pre-engineered and concrete (RCC) warehouses in terms of return on investment (ROI).
Difference between RCC and prefabricated warehouses
The main physical difference between RCC and prefabricated warehouses is building material. RCC is made of cement and a mix of other materials. A prefabricated warehouse is usually made of one sole material — steel. This leads to a number of other differences that impact construction, application and durability. Prefabricated warehouse leads the race with many advantages to its credit such as:
You can have a detailed insight into the differences in one of our previous blogs. Let’s move on to the next section.
How prefabricated warehouses bring ROI
Prefabricated warehouse is quickly gaining preference across sectors. However, many are still sceptical about ROI on prefabricated structures as steel sounds more expensive than concrete. Let’s examine this in some detail.
When we add up the, it is inarguable that the ROI on prefabricated warehouses is manifold compared to traditional warehouses, and tends to rise over time.
The future of prefabricated warehouses
After a setback due to the pandemic, many sectors have recovered well beyond expectations. The stepped-up industrial activity has been reflected in the rebounding demand for pre-engineered buildings. Their market is currently expected to grow at a CAGR of 8.5% during 2021-2026 as the industry is quickly adapting and normalizing PEBs. In fact, estimates suggest that 70% of all new commercial buildings in the US are pre-engineered. The market for pre-engineered buildings is projected to reach $34 billion by 2028.
Pinax Steel creates quality prefabricated warehouses for all sectors. We handle clients from both government and private sectors to design, manufacture and erect warehouses. With an experience of over 20 years in the steel industry, we know how to deliver customized quality to our customers without waste or delay. Contact us now to find out more