Andi, Good Life Organizing says:
Storing gift wrapping supplies doesn’t have to be restricted to store bought solutions. You can think outside the box. I have repurposed 2 drawers in a chest of drawers in my guest room/office for wrapping supplies. One drawer contains ribbons and bows and I use small baskets to keep the supplies separated by type and to keep them orderly. The second drawer holds gift bags, tissue paper and small rolls of wrapping paper. Finally I keep my longer rolls of wrapping paper, mostly Christmas paper, in a nearby closet tucked up under a shelf. They are held in place by the support brackets of the shelf.