Wrapping paper is usually used to produce packaging materials, boxes wrapping papers, envelopes, but also office paper. What you throw in the bin usually goes to municipal waste and it goes to a landfill or incinerator. However, if you put it in a paper container or hand it in as waste paper, it would be possible that it will also be used to make a box for milk. However, there is no need to worry about any health risks due to production.