Hang your wrapping paper on the back of the storage closet door for keeping during the holidays; just remove and use when needed. Install hooks, place dowels, and hang (ribbon spools too, and hooks for tape, scissors, etc).
Love the idea, it works! We use a rectangular shape trash can and haven't put wheels on it yet. We may end up adding wheels, but again we may not. Great way of corralling the gift wrap, gift bags, tape and (some) ribbon in one location.