The physical significance of "expanding space" is often over-sold. Consider Minkowskii space, which can be regarded as the empty, flat, space-time of special relativity. However, a model mathematically equivalent to Minkowskii space exists, the so-called Milne model. See for example
https://en.wikipedia.org/w/index.php?title=Milne_model&oldid=991667276. This Milne model has a "space" that "expands" with time. It is in fact a limiting case of the standard cosmological model with no matter, energy, or pressure.
Basically, the geometrical structure of Minkowskii space and the Milne model represents the same space-time geometry. Only the method of assigning time (and space) coordinates distinguish the two.
This is all a bit abstract, so let me give a hopefully more familiar example. A (flat) two dimensional plane has the geometry of a plane, this geometry is independent of the coordinates used. It doesn't matter to the geometry itself whether one uses polar coordinates or cartesian coordinates. The coordinates can be (and should be) regarded as labels, whose purpose is to identify points on the geometry.
There is a mathematical relationship, a mapping, in the plane that allows one to transform polar coordinates into cartesian coordinates, and vice-versa. Similarly, there is a mathematical transformation that maps the space-time coordinates of the Milne model to the (t,x,y,z) cartesian space-coordinates that one usually uses in special relativity. The existence of this mapping (also known as a diffomorphism), demonstrates that the two underlying geometries are identical. Superfically, the coordinates descriptions of the "expanding" Milne model and of the "non-expanding" flat space-time of special relativity appear different, but fundamentally they represent the same geometry. This example illustrates that "expansion" isn't a geometrical property, but a statement that depends on one's choice of coordinate labels.