diff --git a/src/mdformat/_cli.py b/src/mdformat/_cli.py
index 901dbac..6f6744f 100644
--- a/src/mdformat/_cli.py
+++ b/src/mdformat/_cli.py
@@ -8,11 +8,10 @@
 from pathlib import Path
 import shutil
 import sys
-import textwrap
 
 import mdformat
 from mdformat._conf import DEFAULT_OPTS, InvalidConfError, read_toml_opts
-from mdformat._util import detect_newline_type, is_md_equal
+from mdformat._util import cached_textwrapper, detect_newline_type, is_md_equal
 import mdformat.plugins
 import mdformat.renderer
 
@@ -408,9 +407,7 @@ def wrap_paragraphs(paragraphs: Iterable[str]) -> str:
         wrap_width = terminal_width
     else:
         wrap_width = 80
-    wrapper = textwrap.TextWrapper(
-        break_long_words=False, break_on_hyphens=False, width=wrap_width
-    )
+    wrapper = cached_textwrapper(wrap_width)
     return "\n\n".join(wrapper.fill(p) for p in paragraphs) + "\n"
 
 
diff --git a/src/mdformat/_util.py b/src/mdformat/_util.py
index d95a2c0..83b25d1 100644
--- a/src/mdformat/_util.py
+++ b/src/mdformat/_util.py
@@ -2,7 +2,9 @@
 
 from collections.abc import Iterable, Mapping
 from contextlib import nullcontext
+import functools
 import re
+import textwrap
 from types import MappingProxyType
 from typing import Any, Literal
 
@@ -114,3 +116,14 @@ def detect_newline_type(md: str, eol_setting: str) -> Literal["\n", "\r\n"]:
     if eol_setting == "crlf":
         return "\r\n"
     return "\n"
+
+
+@functools.lru_cache
+def cached_textwrapper(width: int) -> textwrap.TextWrapper:
+    return textwrap.TextWrapper(
+        break_long_words=False,
+        break_on_hyphens=False,
+        width=width,
+        expand_tabs=False,
+        replace_whitespace=False,
+    )
diff --git a/src/mdformat/plugins.py b/src/mdformat/plugins.py
index 373b7bd..8da514a 100644
--- a/src/mdformat/plugins.py
+++ b/src/mdformat/plugins.py
@@ -2,12 +2,14 @@
 
 import argparse
 from collections.abc import Callable, Mapping
-from typing import Any, Protocol
+from typing import TYPE_CHECKING, Any, Protocol
 
 from markdown_it import MarkdownIt
 
 from mdformat._compat import importlib_metadata
-from mdformat.renderer.typing import Postprocess, Render
+
+if TYPE_CHECKING:
+    from mdformat.renderer.typing import Postprocess, Render
 
 
 def _load_entrypoints(
diff --git a/src/mdformat/renderer/_context.py b/src/mdformat/renderer/_context.py
index f325d6e..fa40a25 100644
--- a/src/mdformat/renderer/_context.py
+++ b/src/mdformat/renderer/_context.py
@@ -5,7 +5,6 @@
 from contextlib import contextmanager
 import logging
 import re
-import textwrap
 from types import MappingProxyType
 from typing import TYPE_CHECKING, Any, Literal, NamedTuple
 
@@ -13,6 +12,7 @@
 
 from mdformat import codepoints
 from mdformat._conf import DEFAULT_OPTS
+from mdformat._util import cached_textwrapper
 from mdformat.renderer._util import (
     RE_CHAR_REFERENCE,
     decimalify_leading,
@@ -344,13 +344,7 @@ def _wrap(text: str, *, width: int | Literal["no"]) -> str:
     if width == "no":
         return _recover_preserve_chars(text, replacements)
 
-    wrapper = textwrap.TextWrapper(
-        break_long_words=False,
-        break_on_hyphens=False,
-        width=width,
-        expand_tabs=False,
-        replace_whitespace=False,
-    )
+    wrapper = cached_textwrapper(width)
     wrapped = wrapper.fill(text)
     wrapped = _recover_preserve_chars(wrapped, replacements)
     return wrapped