1. An industry or economic sector that is experiencing a gradual loss of relevance, market share, or viability due to technological changes, market shifts, or changing consumer preferences
The coal industry is considered a fading industry in many developed countries.
A indústria do carvão é considerada uma indústria em declínio em muitos países desenvolvidos.
2. A business sector characterized by declining profitability, reduced workforce, and decreased investment
Retail is seen as a fading industry due to the rise of e-commerce.
O varejo é visto como uma indústria em declínio devido ao crescimento do comércio eletrônico.