The most common and most likely answer to this crossword clue is the 9 letter word POLYTHENE
I've seen this crossword clue in The Daily Telegraph
P
O
L
Y
T
H
E
N
E
More clues leading to the result POLYTHENE
Buddy explains!

The straight part
We know that "wrapping" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case wrapping = polythene.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does POLYTHENE mean?
POLYTHENE noun- A light thermoplastic used in packaging etc.; polyethylene.