I upcycled an old gravy granules pot into a pen holder simply by gluing some fabric around it. I used pinking shears so that the material wouldn’t fray.
Its basically a rectangle of fabric, with probably half-inch of overlap. I glued the pot sides (PVA), wrapped the material carefully around and then glued the overlap down. I then snipped into the top and bottom overlaps so that the material would lay flat.
I love how it turned out!