What is another word for declining market?
Pronunciation: [dɪklˈa͡ɪnɪŋ mˈɑːkɪt] (IPA) 
The phrase "declining market" refers to a situation where the demand for goods or services decreases over a certain period of time. In business, this can be a challenging situation for companies as it often means a drop in revenue and profits. However, there are several synonyms for the term "declining market" that can help to describe this situation more precisely. These synonyms include terms like "shrinking market," "contracting market," "decreasing demand," and "falling sales." Regardless of what term is used, the implications are clear: businesses operating in a declining market need to find ways to adapt and adjust in order to survive and thrive.
