Strangely it seems that Nintendo is moving in the opposite direction than this. The last few villains have been very ill defined and generic. Most of the time without much of an origin of they took the time out to create one at all. All the secondary villains after Ganondorf have normally been just a demon of some type that just appears to wreak havoc on Hyrule. If there is much told about them then it is mostly a quick mention that they were a terrible threat in the past.
Nintendo seem to like to just toss out a generic
looming threat from behind the scenes villain now. Typically following the very generic fantasy storytelling convention of the ancient evil that was sealed before, that already has or might escape if you do not succeed. This way they do not require much of a backstory or origin because they are at the beginning of the game an established threat. Plus their origin is lost to antiquity and no one in the current era knows where they came from or why. Just that this is some incredibly evil individual and it is Link's job to stop it.
The notable exceptions are Zant and Vaati, however the origin for Vaati was told in a game produced by Capcom and not Nintendo. Were it not for that game Vaati would be just another cookie cutter monster villain that shows up and kidnaps maidens because evil. The story for Zant was a little bit more interesting as you did get some explanations for his motivation. This was a lot more than what we had for Ghirahim, Malladus, Majora, or Demise. Especially true for Onox or Veran.
However because of
ST,
SS, and maybe
MM Nintendo has in a way established a race of demons that exists in the world of Hyrule and a type of underworld that they come from. Even if that is never really seen in the games or mentioned much outside of a short comment per game. They do seem to be slowly establishing a third faction outside of the Hyrule races/Ganondorf of the Dark world vying for the triforce that we have seen since the beginning. Now it is fairly well known that there are demons out there as well and they have their own intentions for the triforce. Now it is not just greedy individuals like the Gerudo or Dark Interlopers from Hyrule or transformed monsters from the dark world that all want it for themselves. Now there is a supernatural horde that once spread its evil in the past that wanted it as well. Perhaps sometime in the future a developer could take advantage of these little bits of info added in a few of the games and create something new from it. At least something more than just another generic demon that wants to be freed so they can do bad again.