Shrinking (Noun)

Process or result of becoming less or smaller; "the material lost 2 inches per yard in shrinkage".

Nouns denoting natural events.

The act of becoming less.

Nouns denoting acts or actions.

The polar ice caps are experiencing rapid shrinking due to climate change.
The company's profits have been shrinking steadily over the past quarter.
The shrinking of the global economy has led to widespread job losses.
The once-thriving town is experiencing a shrinking population as young people move away.
The shrinking of the ozone layer is a major environmental concern.