Contemporary and modern are frequently used interchangeably. However, there is a difference between these two styles. Modern refers to the interior design styles which became popular after the 1920s post-war era, whereas contemporary style is all about here and now. It is the style that is presently popular at a given time. Currently, a modern luxurious style of designing can be defined as a contemporary interior design style.
Contemporary furniture design is simple and comfortable but finishes are luxurious and innovative often upholstered in lustrous velvets and chenilles. Color palette is usually neutral with bold elements that stand out to serve as a focal point of a given space. Lighting design and function is also an integral part of contemporary interior design.
The minimalistic interior design style is defined by function and ultra-clean lines. It takes the modern design style to the next level by simplifying it further. Very neutral color pallets or even sans colors with simple furnishings and no excessive accessories and decor are principles of this style. Built-in storage, behind seamless doors, and streamlined clean arrangements create a cool, composed vibe.