Serves its purpose.  Probably wouldn’t hold up to much abuse (if you have small kids using this frequently), but it works to make more of your wraps more accessible in a compact space in your cupboard or pantry.  Note that the size is best for standard size wraps (foil, parchment, wax paper, and Saran wraps), it is not very useful for boxes of ziplock or other plastic storage bags, or bulk sizes.