1. Steep learning curve without benefits: APLs like K/Q/J optimize for concision to the point of unreadability. Sure, it might be fun to decipher clever K/Q one-liners, but if you have to do it everyday for work in production, it's just exhausting. This lack of readability has limited adoption and the growth of its user community. For any technology is to have a viable community, it needs to be usable by a critical mass. K/Q in specific but APLs in general never had that, especially with more user-friendly alternatives like R/Matlab for scientific computing.
2. No open source community. There's Kona (https://github.com/kevinlawler/kona) by Kevin Lawler, but again, its community has been small because the underlying language is not design to be usable by enough people.
3. Domain specificity of array languages: These days, array languages are just too limited in its scope. Scientific computing, the bread and butter of any array programming language, has been made possible in other languages (ex: Python), making array languages not powerful nor compelling enough to use because most of its strengths can be found in other languages and its weaknesses are too crippling.
I heard that Arthur Whitney found his successors (a pair of Russian programmers from St. Petersburg, iirc), so K/Q will likely to be around beyond his retirement. That said, I think its user base will continue to shrink for above reasons.