shrinking
adj.adj. becoming smaller in size, amount, or value. You use this to describe things that are slowly disappearing or getting less important.
adj. becoming smaller in size, volume, or quantity. Often used as a participial adjective to describe markets, populations, or physical objects undergoing reduction.
The shrinking ice caps are a sign of global warming.
The company struggled to maintain its profits while operating in a shrinking market with fewer customers every year.
Sociologists are closely monitoring the shrinking middle class, as the widening wealth gap threatens to destabilize the long-standing social contract in many developed nations.
From shrink + -ing.
Typically used attributively before a noun to describe a continuous process of reduction.