Peter J, You recently suggested to Keith, in his very nice Wedgie Base Build thread, that he could incorporate wrap material into his base finish. In your experience , how well do wraps adhere? ...Do you suggest bare wood be shellacked or primed before wrapping? Should additional adhesive be used? I have not yet worked with wrap material, but am thinking of using some carbon fiber wrap for my upcoming 8" sealed sub build...a single 8" to add support for a pair of desktop speakers.
Oh, and as for supports...I bet you could successfully pull-off some CF wrapped sconce'ish looking supports...two per side of each speaker. At first I was thinking the sconces would not be lit but what the heck...there will be cables/wires attached to the speakers anyway so why not have LED, back-lit sconces (warmish, <3000 kelvin)? Your speakers would not only be works-of-art in the day, but in the night also! 
Thanks, Pete
Pete, although I haven't' seen them used a lot, wraps seem like a really viable way to rapidly finish a variety of things. It works for the most part like old fashioned contact paper, but with the ability to reposition and heat to fit. And by the way, not much heat is needed if you use heat at all...trust me on that. A quick swipe with a hair dryer is all I've found to be necessary.
The adhesive on the wraps I've used seems more than adequate for speakers. I had to remove some after a couple of hours on primed wood and the primer came with it. Which leads me to your next question. The smoothness of the surface that you're applying to is important. I'd seal and sand raw wood...primer, sanding sealer, shellac. It probably doesn't matter much which as long as it's well adhered. The film is thin enough to telegraph irregularities in substrate.
Here's a photo of a Baltic Birch cover I made and wrapped for my computer. I think I probably sealed it with lacquer or shellac. I hope shows up with photo but you can see the plies on the end cap telegraphing through...suffice to say surface prep is important. It would probably be less so with a textured finish like CF. BTW, I think the 3M DiNoc wraps are most realistic I've seen.

These folks have lots of choices:
https://www.fellers.com/Here's a photo of a sub I wrapped the sides on with Di Noc

I'm big on LEDs and have considered ways to incorporate into speaker design, although I'm not getting a clear picture of what you're suggesting. Any chance you could post a photo or describe in more detail?
Edited to add: Pete, if you haven't found them already, uTube has many videos on wrapping...it's interesting stuff.