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The main question seems to be why is the birth rate declining. Presumably people not wanting kids have existed during all times. But even if we assume that there are more people per capita who don't want kids, the question persists, why is that the case, and how much of the decline is attributable to it.
When women were almost always home makers, children were how they'd find fulfillment. Now they can have fulfillment from working careers. At least, this is one of the main reasons I've heard about long standing trends in birth rate decline. They predict that the human population on earth will peak between 11 and 12 billion and kind of just stay there.
This causes panic because Capitalism demands that everything must continue to grow, eternally.