Once you craft a full set of leather armor and a metal shield (any will do but iron plate is best unless you have steel) You can pretty easily tank wolves. Good source of fat and leather.
But yes they do seem to respawn very fast. I have an area not far from my base, which isnt forest, where multiple wolf packs spawn at the same time. I believe its 3 packs, and sometimes they get 4-5 wolves each spawn which makes for a very interesting day.