The most common and most likely answer to this crossword clue is the 9 letter word ENCLOSING
E
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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 = enclosing.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 ENCLOSING mean?
ENCLOSING verb- To surround with a wall, fence, etc.
- To insert into a container, usually an envelope or package
- That which encloses.
- The act or situation by which something is enclosed.