Weapon/Tool Sheath Concept

So here is an Idea for a Sheath/Scabbard. Crafted using a mixture of copper, Iron, leather and/or dyed wool. a tool Sheath is an Item that you can use to hold a Tool (Pickaxes, Swords, Axes, etc. It could also hold buckets, or brushes, Essentially, any sort of tool you could equip on a sheath) That Item would be "stored" in the sheath. you could then Right click another tool in your inventory to "pair" with the sheathed tool, which then when right clicking outside of the inventory while holding shift, you could switch your Sheathed and Paired item between slots. For example you have your axe in the inventory sheathed and your pickaxe paired to it on your hotbar. you could quickly switch between the tools by shift right clicking at your convenience. You could also hold your Weapons like bows, tridents and swords for combat!

Further exploring the idea you could have your sheath display on the player model in game, for example your sword held at your waist, or a trident sheathed at your back, this would bring a unique aesthetic in game and look pretty cool too. you could also use this to naturally (and optionally) incorporate a limit to sheaths, one for each side on your waist, one on your back (maybe the back sheath doesn't work while an elytra is equipped!) you could have a sheath on each of your upper arms or lower legs as well. You could also have multiple different colored sheaths depending on the wool you use to craft it!

I want to hear everyone's ideas about this!