Space and aircraft industry demands for reduced development and operating costs. Structural weight reduction by exploitation of structural reserves in composite space and aerospace structures contributes to this aim, however, it requires accurate and experimentally validated stability analysis. Currently, the potential of composite light weight structures, which are prone to buckling, is not fully exploited as appropriate guidelines in the field of aerospace and space applications do not exist. This paper deals with the state-of-the-art advances and challenges related to coupled stability analysis of composite structures which show very complex stability behaviour. Two types of thin-walled light weight structures endangered by buckling will be considered; imperfection tolerant and imperfection sensitive structures. For both groups improved design guidelines for composites structures are still under development. This paper gives a short state-of-the-art and presents proposals for future design guidelines.