Well, the main character is probably the elf that shrinks. There might also be Santa Claus in the story. Since it's a Christmas - related story, Santa could be the one who tries to help the shrunken elf. Another possible character could be other elves in the workshop. They might be worried about their shrunken friend and try to find a way to reverse the shrinking process.
The 'Elf Christmas Shrinking Story' might be about an elf that shrinks for a special reason related to Christmas. It could be a story where the elf's shrinking is a key to solving a big problem at the North Pole. Like, there's a problem with the toy - making machines and only the tiny, shrunken elf can get into the small crevices to fix it. It's often these kinds of unique situations that make Christmas stories interesting.
The main characters are the elf, of course, and the children in the family it visits. Santa Claus is also an important part as he is the one who sends the elf.
The elf is surely one of the main characters as the story is centered around the elf shrinking. Santa Claus could also be a main character. He might be the one who tries to help the elf get back to normal size, or he could be the one who unknowingly caused the shrinking. Another possible main character could be a reindeer. The reindeer could be the elf's friend who helps him get around in the now - huge world since the elf is so small.
The main characters are likely the elves themselves. They are the ones involved in the 'elf in elf' situations.
Elves are usually the main characters in a 'A Christmas Elf Story'. For example, the elf who makes toys, the elf in charge of the reindeer, or the elf that helps Santa get ready for Christmas.
Mainly, there's Buddy. He's so full of life and innocence. Then there's Walter who is a bit of a grump until Buddy comes into his life. Jovie is a kind - hearted girl who falls for Buddy. And don't forget the elves. They are the ones who raised Buddy and their ways are what make Buddy so different and interesting in the human world.
In the 'Shrinking Woman Story', the woman herself is the central figure. But depending on the genre, there could be other characters. If it's a mystery - based story, there could be a detective - like character who is trying to figure out the cause of her shrinking. Or if it's a coming - of - age - type story within the context of the shrinking, there could be a friend or a mentor figure who helps the woman come to terms with her new situation and grow in different ways despite her shrinking size.
One idea could be that an elf accidentally shrinks due to a magic spell gone wrong in Santa's workshop. Maybe he then has to navigate through the now - gigantic toy - making machines to find the antidote. Another could be that a group of elves are shrunk on purpose for a secret mission to retrieve a lost magical item hidden in a tiny corner of the North Pole.
The plot can start with the event that causes the shrinking, like a malfunctioning magic portal. Then, the shrunken elf could face challenges like being chased by a curious cat in Santa's house. Next, he might find allies among other small creatures. Finally, he discovers a way to reverse the shrinking.
The main characters could be two elves named Left and Right. Left could be a bit of a rebel, always coming up with new and different ideas for Christmas. Right could be more of a traditionalist, following the same methods year after year. They could be friends or rivals in the story.