On the upside you rarely need a large number of different mats to make aomething, but it can be annoying to organize and since you can build better chests that hold more over time you might end up needing to reorganize stuff every couple biomes if you collect a lot of extra stuff as you go.

But you don't have to do it all at once either. Just make the new containers as needed and remove the old ones when space is needed. You can always build more house!