To wrap something in decorative wrappings prior to presenting it as a gift

Decorative wrappings

A brief condensation or recapitulation as a final summary, especially to a news programme. / A concluding action; a conclusion.

Contained in, for protection or shipping, a conforming plastic film that reduces in size during application to tightly hold the item.

Third-person singular simple present indicative form of shrink-wrap

A plastic film that is used to protect an item and which during application contracts so it tightly enclose it. / The wrapping around an item that has been shrink-wrapped.

To apply shrink-wrap to (an item).

(US) A thin, clear, (self-)clinging plastic film used to wrap food, etc.

(Australia, New Zealand, sometimes US) Thin plastic film used as a wrap for food, etc.

(massage) The practice of wrapping the recipient of a massage in something resembling cellophane as a beauty treatment. / (massage) The air-permeable wrapping material used in this process.