A pallet wrap system and manufacture for repair of wood pallets that extends the service life of wood pallets to reduce associated costs, environmental concerns, and workplace injuries. The wrap or wrap component comprises a plurality of portions hingedly attached to one another and configured to surround or cover a portion of a pallet. The wrap component may be manufactured using recycled material, such as paper, aluminum, or plastic, and may further include a chemical for properties such as elasticity, adhesion, and bonding grip. The wrap component may further be folded to such that it can be erected from a flattened state to form a display unit for products. The wrap may include printed information content such as advertising/marketing content, or manufacturer's or shipper's information, identification or logo to make sure that only that business' product is shipped or used with the identified pallet.