The decline of traditional Buddhist culture has led to a decrease in the demand for Buddhist art, as well as a loss of knowledge and skills necessary to create it.

The rise of secularism has led to a decline in the number of people who identify as Buddhist, which has in turn led to a decline in the number of people who are interested in creating Buddhist art.

The globalization of art has made it possible for Buddhist art to be seen by people all over the world, which has helped to raise awareness of Buddhist culture and art.

The commodification of art has led to a focus on the monetary value of Buddhist art, rather than its artistic or spiritual value. This has led to a decline in the quality of Buddhist art, as artists are more focused on creating art that will sell than on creating art that is meaningful or beautiful.

Buddhist artists are responding to the challenges facing Buddhist art in the modern world in a variety of ways, including creating new forms of Buddhist art that are more relevant to contemporary audiences, using new materials and techniques to create Buddhist art, and working to preserve traditional Buddhist art forms.