The present work deals with the evaluation of elastic properties and dynamic analyses of thin hybrid composite shell structures, which consist of conventional carbon fiber as the reinforcing phase and multiwalled carbon nanotubes-based polymer as the matrix phase. The Mori-Tanaka and strength of material method has been implemented to determine the elastic properties of such hybrid composite structures without and with considering agglomerations. An eight-noded shell element, which considers stress resultant-type Koiter's shell theory and transverse shear effect as per Mindlin's hypothesis having five degrees of freedom at each node, has been utilized for discretizing and analysis of such hybrid shell structures. The Rayleigh damping model has been implemented in order to study the effect of carbon nanotubes (CNTs) on damping capacity of such hybrid composite shell structures. Different types of spherical shell panels have been analyzed in order to study the time and frequency responses. Results show that the elastic properties as well as damping properties of such hybrid composite structures improved with the addition of CNTs as compared to conventional carbon fiber reinforced composites laminates; effects of some important parameters on the vibration characteristic of such hybrid composite shell structures have also been presented. The effects of agglomeration parameters on the elastic properties and their influences on the dynamic responses considering different layers and stacking sequences have also been investigated. © 2016 Taylor & Francis Group, LLC.